Define: Business Building

How is Business Building defined in a legal contract?

• Business Building means a structure which is used for conducting business, managing account records or similar activities. This includes structures like offices, banks, professional establishments and court houses if their primary function involves transaction of business or managing books and records.
  Seen in 18 SEC filings.
• Business Building means any building, partially or fully used to carry out taxable business activities.
  Seen in 5 SEC filings.
• Business Building means any building or portion of it used for commercial, retail, or wholesale business. However, it excludes properties used for residential or industrial and manufacturing purposes. All other structures used for commercial purposes are considered Business Buildings.
  Seen in 2 SEC filings.
• Business Building means any structure, publicly or privately owned, adapted for performing business transactions, providing professional services, amusement, displaying, selling or storing goods and merchandise, or performing labor. This includes apartment buildings, hotels, office buildings, public buildings, theaters, markets, restaurants, warehouses, factories, and condominiums.
  Seen in 2 SEC filings.
• Business Building means any building or structural improvements on land which is partially or completely used to generate taxable business income, excluding residential premises.
  Seen in 2 SEC filings.
• Business Building means a structure or a part of it used for conducting business, managing accounts and records, or similar purposes. This includes but is not limited to offices, banks, professional establishments, court houses and libraries that primarily engage in business transactions and record management.
  Seen in 2 SEC filings.
• Business Building means any structure that is adapted for engaging in business, whether occupied or vacant, for providing professional services, displaying, selling or storing goods, or for labor performance.
  Seen in 1 SEC filing.

Note: The Genie AI Legal Assistant 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.

Search EDGAR for ‘Definitions of business building’ yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant 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.

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Genie Definition 1

Business Building means a structure where business activities or account management take place.

Relevant Contract Types

• Lease Agreements
• Property Management Agreements
• Commercial Real Estate Purchase Agreements

Relevant Circumstances

• Buying or selling commercial real estate
• Leasing a commercial building for business operations
• Contracting a company to manage a business building

Relevant Sectors

• Real Estate
• Business Services

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Genie Definition 2

Business Building means any structure used to perform work, provide services, or store products related to business.

Relevant Contract Types

• Workplace Lease Agreements
• Service Agreements
• Warehousing and Storage Agreements

Relevant Circumstances

• Leasing a workplace for business activities
• Contracting services performed in a business building
• Storing goods or products in the business building

Relevant Sectors

• Manufacturing
• Wholesale and Retail Trade

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