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Office lease definition

What is rentable area?

The area used for rent billing under the stated measurement basis, often including an allocation of building service or amenity areas.

Updated 2026-09-12
Fast answerThe area used for rent billing under the stated measurement basis, often including an allocation of building service or amenity areas.

Why it matters

Rentable area can exceed the area occupied exclusively by the tenant and affects rent, allowances and recoveries.

What to request

Request the measurement standard, edition, method, plan, calculation, date and remeasurement clause.

Planning example

Keep rentable area separate from usable or occupant area in every comparison. The example organizes arithmetic or evidence only; the transaction documents and facts determine the result.

Related decisions

Connect this term to the area, cost, building, flexibility and document provisions elsewhere in the office decision file.

Evidence boundary: office availability and quoted economics change. Confirm current premises, authority, area, costs, permitted use and documents for the specific transaction. Read the methodology.

Rentable area questions

Plain-language answers for Canadian office decisions.

What does rentable area mean in an office lease?

The area used for rent billing under the stated measurement basis, often including an allocation of building service or amenity areas.

Why does rentable area matter?

Rentable area can exceed the area occupied exclusively by the tenant and affects rent, allowances and recoveries.