How is Boma calculated?
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How is Boma calculated?
The BOMA Standards provide two methods of calculating Rentable Area. Only one method should be used throughout the entire building. In both methods, calculating the Rentable Area requires multiplying the total floor area by a ratio that represents the tenant’s portion of the floor.
What does gross square feet mean?
(See figure 3-2 below) Definition. The sum of all areas on all floors of a building included within the outside faces of its exterior walls, including all vertical penetration areas, for circulation and shaft areas that connect one floor to another. Basis for Measurement.
What is BOMA measurements?
The BOMA 1980 Standard measures buildings on a floor-by-floor basis. It can be a simple and effective approach for measuring the Usable and Rentable Area of a single typical floor and its occupying tenants. Unfortunately, BOMA 1980 can be over-simplistic in its allocation of common area.
How is floor area calculated?
WHAT IS FAR? Floor area ratio (FAR) is the measurement of a building’s floor area in relation to the size of the lot/parcel that the building is located on. FAR is expressed as a decimal number, and is derived by dividing the total area of the building by the total area of the parcel (building area รท lot area).
What does sqft AGF mean?
Above Grade Square Feet is the term referring to all living square feet in a home that is above the ground. It does not include basements even if the basement is a finished walkout or daylight basement.
What is the difference between gross square foot and square foot?
Gross square footage generally refers to all of the square feet, whereas the net square footage accounts for some subtractions. An example for this could pertain to cost estimating, where gross square feet would include the interior floor space as well as interior and exterior walls.
What are BOMA standards used for?
The Building Owners and Managers Association Standard Methods of Measurement (BOMA Standards) are a set of guidelines used by real estate practitioners of all walks in order to consistently measure and describe the areas of a wide range of property types. They are the preeminent guide to space measurement.
What is BOMA code?
The BOMA International Advocacy, Codes and Standards Division works under the umbrella of the BOMA International Government Affairs Committee to develop and implement effective building codes and standards, as well as develop policy positions. BOMA also has additional resources to help set up a local code committee.
What is main floor area?
Main Floor Area means for residential buildings, the total area of the mainfloor of a building measured from the outside of the exterior walls.
