BOMA
See Building Owners and Managers Association
Frequently Asked Questions about the Building Owners and Managers Association (BOMA)
What does BOMA stand for?
BOMA stands for the Building Owners and Managers Association.
What is the role of BOMA in commercial real estate?
BOMA plays a key role in setting industry standards for building operations, management, leasing, and space measurement. It also provides education, advocacy, and networking opportunities for real estate professionals.
Is BOMA relevant to lease agreements?
Yes, BOMA standards are frequently referenced in lease agreements, particularly in defining how rentable and usable space is calculated in commercial buildings.
Where can I learn more about BOMA-related lease types?
You can refer to related content such as the “Standard Industrial Lease – Triple Net Lease (NNN)” and glossary entries like “Usable Area” and “Building Owners and Managers Association” for more detailed information.
Does BOMA have an international presence?
Yes, while BOMA originated in the U.S., it has a global reach and affiliations with similar organizations in Canada and other countries, making it a widely recognized authority in commercial real estate standards.
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