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Commercial real estate contract s for free Form: What You Should Know

COMMERCIAL/ARENA: 1. Purchase and/or Sale Agreement: The commercial real estate purchase and/or sale agreement form (including the form summary) and any amendments thereto shall be reviewed and approved in advance by AIR CRE and any other legal counsel. AIR CRE is authorized to make additions or revisions at any time. COMMERCIAL/ROW HOUSE: All commercial and residential sales are governed by the Commercial/Row House Residential Land Use and Development Standards of the City of Santa Ana, Department of Building Inspection, Division of Building Standards. Residential property use and development on residential land is subject to the following regulations when the commercial/row house is attached to the residential property: RESIDENTIAL LAND USE AND DEVELOPMENT STANDARDS Condo Residential Land Use and Development Standards 4.1.1. Condominiums and Rental Properties — Generally, the land used for buildings and grounds is not considered a part of the residential property and is not included in the development assessment or assessment limits, nor are the lands from which the building is constructed, except that the maximum land area permitted in a condominium or other type of cooperative residential development project is measured according to the combined area of the structure and the related recreational or public space area. 4.1.2. Residential Condominiums and Mixed Use Buildings — Generally, the maximum land area of all the residential units in a condominium project is measured according to the combined area of the structure and the individual residential units. (a) The sum of the lot of area of each residential unit is subject to the development assessment and to the separate lot area limits as defined in Chapter 4, Article III, Local Government Code (or the equivalent code in neighboring cities), and the combined area will be calculated according to the following formula. 1. Area of residential building divided by the total lot size 2. Multiply the product by 100 to determine the combined area of the residential project. The maximum area permitted will be adjusted to take into account the area of the recreational, public, educational, recreational and service facilities of the individual condominium complex. 4.1.3. Residential Mixed-Use Buildings — Generally, the land used for buildings and grounds is subject to the development assessment and to the separate lot area limits as defined in Chapter 4, Article III, Local Government Code, and the combined area will be calculated according to the following formula. 1.

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