Definition : Net area

Measurement of the area of a private portion shown on the cadastral plan and recorded in the certificate of location. It is established by the land surveyor during the preparation of the cadastral plan of the immovable. This area is the floor area as built, after deduction of the areas occupied by the commons portions that surround, pass through or are located in the private portion such as:

It is this area that must be used by a vendor or a real estate broker, in a listing, when a unit is sold.

 

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The vendor has the obligation to reveal the exact superficial area of its private portion. The superficial area/price ratio is an important criteria for many buyers. It has a major influence on their decision to purchase Off plan sale The calculation of the superficial area of an apartment may lead to a conflict if,  in an off plan sale, the gross area shown on the architectural plan is the information used for the transaction. Thus, you should insist that the developer supplies a detailed plan of the apartment to be built, along with the method used to determine the superficial areas.
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 Most buyers attach great importance to an apartment area/price ratio. Therefore, before signing the deed of sale, take time to carefully measure the area of your unit. Discrepancies between what is shown on the plan provided at the signing of the preliminary contract, versus the actual area shown on the cadastral plan or the certificate of location are frequent. This difference can be explained by many factors listed in the factsheet entitled The Area of the Private Portion.
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