Define: Commercial Areas

The meaning of “Commercial Areas” differs based on where it is used. We list many below, then combine them into one or more market-standard definitions.

How is Commercial Areas defined in a legal contract?

  • Commercial Areas means any area planned for development with buildings or structures that are not intended for individual and family dwelling. Seen in 3 SEC filings
  • Commercial Areas means spaces assigned for parking on different levels, areas allocated for restaurants, shops, dormitories, multipurpose halls and other similar uses. These areas are utilized for generating revenue. Seen in 2 SEC filings
  • Commercial Areas means establishments that operate in the business of buying and selling goods and services. This includes retail shops, shopping malls, restaurants, hotels, guest houses, and commercial offices. Seen in 1 SEC filing

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of commercial areas' yourself to verify these results. We are always keen to point people to source documents.

Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

Genie Definition 1

  • Commercial Areas means spaces designated for trade, services and revenue generation, not intended for family dwelling.

Relevant Contract Types

Relevant Circumstances

  • Lease or rent of commercial properties
  • Development of commercial infrastructure
  • Creating reciprocal easement agreements
  • Development or modifying mixed-use properties

Relevant Sectors

Genie Definition 2

  • Commercial Areas means establishments involved in the business of buying and selling goods and services.

Relevant Contract Types

Relevant Circumstances

  • Buying and selling of goods and services
  • Expansion of business operations
  • Mergers or acquisitions

Relevant Sectors

Are you creating, reviewing or negotiating a document?

Looking for further advice on how to define “Commercial Areas" in your document? 

🚀 Try our AI Legal Assistant! It can suggest a definition just for your specific needs (Simply import your contract, then ask it to draft a definition suitable for your document, that's it!)

What is the most popular definition of 'Commercial Areas'?

Commercial Areas means spaces designated for trade, services and revenue generation, not intended for family dwelling.

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