How is Green Space defined in a legal contract?
- Green Space means any area that needs to be preserved indefinitely due to its environmental, educational, scientific, recreational or aesthetic qualities. This might incorporate trails, parks, reserves, natural forests, wetlands and any other land designated for this purpose. Seen in 4 SEC filings
- Green Space means a permeable area covered with grass, shrubs, trees or other vegetation. Seen in 2 SEC filings
- Green Space means an area of grass, trees, or other vegetation set aside for recreational or aesthetic reasons in an otherwise urban environment. Seen in 2 SEC filings
- Green Space means any area that is proposed to contain trees, groundcover, shrubs, urban agriculture, natural grass/turf, or vegetated roofs. Seen in 2 SEC filings
- Green Space means land not included in individual building sites that is used for active or passive recreation, trails, buffer zones or protected natural areas. Seen in 2 SEC filings
- Green Space means the natural environment and landscaped green spaces on property, including, without limitation, tree lots, grass lawns, planting beds and other landscaped areas along with their associated pathways and walking paths, and athletic playing fields. Seen in 2 SEC filings
- Green Space means an area of land, naturally vegetated. Seen in 2 SEC filings
- Green Space means certain portions of common area which are designed to be maintained in their natural condition fostering natural, scenic and recreational resources, soils, wetland, wildlife, game and migratory birds. Seen in 1 SEC filing
Note: 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.
yourself to verify these results. We are always keen to point people to source documents.
Which definition should you use?
🤔 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
Green Space means an area, not included in building sites, preserved for its environmental, recreational, or aesthetic qualities, naturally vegetated and accessible for recreational activities.
Relevant Contract Types
- Real Estate Contract
- Building Lease Contract
- Land Use Agreement
- Conservation Easement
- Community Benefit Agreement
Relevant Circumstances
- Urban Planning
- Zoning Regulations
- Recreation and Park Development
- Conservation Area Designation
- Environmental Protection Measures
- Sustainable Development Initiatives
Relevant Sectors
Genie Definition 2
Green Space means a designated portion of a common area, kept in its natural state for sustainable, recreational purposes.
Relevant Contract Types
- Housing Association Contract
- Residential Tenancy Agreement
- Commercial Lease Agreement
- Condominium Association Contract
Relevant Circumstances
- Design and Management of Common Areas in Residential or Commercial Developments
- Planning and Development of Sustainable Community Spaces
- Tenancy and Lease Agreements
- Maintenance and Management of Housing or Condominium Associations
Relevant Sectors
Green Space means an area, not included in building sites, preserved for its environmental, recreational, or aesthetic qualities, naturally vegetated and accessible for recreational activities
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