Define: Service Yard

How is Service Yard defined in a legal contract?

• Service Yard means the part that is utilized within the confines of a building or lot. It can be used for purposes such as storing materials, vehicles or mechanical equipment, or housing garbage or trash containers. It is typically not visible from the street and generally requires fencing. Seen in 2 SEC filings.
• Service Yard means a designated area that is screened off and used for delivering utility services, such as washing, for general residential developments among other things. Seen in 2 SEC filings.
• Service Yard means an area used in conjunction with the principal use of the building or development. This includes uses such as a service dock, loading platform, storage of mechanical equipment among other things. Seen in 1 SEC filing.
• Service Yard means a certain area that is situated on part of the land plots. It's typically used for maintaining services within said plots. Seen in 1 SEC filing.

Please note that these definitions are simplified for clarity and may not capture every aspect of the legal definition. Always refer to the source document to understand the full implications of each term.

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 service yard' 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

• Service Yard means a designated fenced area mainly used for storage and maintenance operations.

Relevant Contract Types

• Commercial Lease Agreement
• Building Contract Agreement
• Facility Rental Agreement

Relevant Circumstances

• When a property with a service yard is being leased or rented
• When managing a construction project that includes a service yard
• When entering a contract for the use or maintenance of a service yard

Relevant Sectors

• Real Estate
• Construction
• Warehousing

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Genie Definition 2

• Service Yard means a specific area providing utility services for general residential needs.

Relevant Contract Types

• Residential Lease Agreement
• Property Maintenance Contract
• Homeowner Association Agreement

Relevant Circumstances

• When providing residential services and utilities such as garbage disposal and maintenance
• When establishing homeowner associations that involve shared utility areas
• When a property with a service yard is being leased for residential purposes

Relevant Sectors

• Residential Real Estate
• Property Management
• Homeowner Associations

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