This office lease provision describes the standard of measurement for usable area in office buildings recommended by building owners and managers associations.
Vermont provisions used for measuring additional or option space are essential tools in real estate and land development. These provisions help determine the permissible area to be added or utilized within an existing property or as part of a development project. Accurate measurement of additional or option space is crucial for complying with zoning regulations, ensuring proper land utilization, and maximizing the potential of a property. Here are some commonly used Vermont provisions for measuring additional or option space: 1. FAR (Floor Area Ratio): FAR is a widely used provision for measuring additional or option space. It calculates the ratio of a building's total floor area to the area of the land it occupies. For instance, if the FAR is 2.0 on a 10,000 square foot lot, the maximum allowable building size would be 20,000 square feet. This provision helps control building sizes, promotes urban density, and ensures appropriate land use. 2. Zoning District Regulations: Different zoning districts in Vermont may have specific provisions for measuring additional or option space. These regulations outline the allowable uses, building setbacks, height restrictions, and other factors that determine how additional or option space should be measured within a particular zoning district. 3. Setback Requirements: Setback provisions determine the minimum distance between a building and the property line or other specified features on the lot. When measuring additional or option space, setbacks must be taken into account to calculate the available building envelope. 4. Green Space Requirements: Green space provisions are often applied to ensure proper landscaping and open space preservation. These provisions require a certain percentage of the lot of area to be dedicated to greenery or other environmentally friendly features. When measuring additional or option space, the total lot area needs to be adjusted to account for the required green space. 5. Override or Bonus Provision: In some cases, Vermont zoning regulations may allow developers to exceed certain limitations set by other provisions by providing community benefits. Known as an override or bonus provision, it provides incentive for developers to include amenities such as public parks, affordable housing units, or improved infrastructure. These community benefits can increase the allowable additional or option space within a project. 6. Conditional Use and Special Permit Provisions: In certain circumstances, Vermont zoning regulations allow for additional or option space through conditional use permits or special permits. These provisions grant exceptions to specific zoning requirements based on unique conditions or project merits determined by local authorities. It is important to consult the specific Vermont municipality's zoning ordinances and regulations to understand the exact provisions used for measuring additional or option space. Properly understanding and applying these provisions can help developers, property owners, and municipalities make informed decisions about land development and ensure compliance with local regulations.
