Common Management Admission Test (CMAT) Practice Exam

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Are physical encumbrances included in the calculation of net square footage?

  1. Yes, they are included in the total

  2. No, only net sellable space is included

  3. They only reduce the gross square footage

  4. They are factored in when deciding booth layout

The correct answer is: No, only net sellable space is included

Net square footage refers to the usable area within a space, specifically excluding any areas that are not sellable or usable for its intended purpose. This includes physical encumbrances such as walls, columns, and other structural elements that obstruct usable space. The emphasis on net sellable space indicates that only the areas where an occupant can place furniture or conduct business activities are considered. This exclusion is crucial for determining true usability in a given space, which is why the physical encumbrances are not part of the net square footage calculation. Understanding this distinction helps in accurate space evaluation, facilitating better decision-making in property management and real estate contexts, as it aligns with the practical usage of the area.

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