Rentable Building Area Calculation via Segmented Load Factors
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Solution Overview
Problem
Existing systems for calculating rentable building area are inadequate as they fail to accurately account for limited common areas accessible by individual rental spaces, leading to inappropriate rental rate adjustments and difficulties in tracking and comparing rental spaces across multiple buildings.
Innovation Solution
A system utilizing a software application on a device with a non-transitory computer-readable memory and processor, capable of calculating building load factors and rentable building areas by specifying user-defined parameters, including gross and usable building areas, and accounting for limited common areas through common groups, allowing for granular calculations and remote storage.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Adaptability or versatility
If a building load factor is used to determine rentable building area, then the cost of maintenance and upkeep of common areas can be divided among all renters, but it fails to account for limited common areas that only some rental spaces have access to
Solution Approach 1:
The patent segments common areas into different groups based on access rights. Instead of treating all common areas as a single pooled resource, the system divides them into multiple categories (e.g., building-wide common areas, floor-specific common areas, unit-specific common areas) and assigns them to different load factor calculations. This allows each rental space to have a customized load factor that reflects only the common areas it actually has access to, thereby resolving the contradiction between adaptability and measurement precision.
2Ease of operation
If traditional building load factor methods are used, then calculations can be performed at the overall building level, but they cannot provide granular calculations for individual rental spaces with different access rights
Solution Approach 1:
The patent introduces a new dimensional layer to the traditional building load factor calculation by organizing common areas into hierarchical groups (building-wide, floor-specific, unit-specific) and creating corresponding load factor levels. This multi-dimensional approach allows the system to maintain simple building-level calculations while simultaneously providing granular, customized calculations for individual rental spaces, thus resolving the contradiction between ease of operation and adaptability.
3Ease of manufacture
If rentable building area is calculated without considering limited common areas, then calculations are simpler, but rental rates become inappropriate and unfair
Solution Approach 1:
The patent applies local quality by customizing the load factor calculation for each rental space based on its specific access rights to common areas. Instead of applying a uniform building-wide load factor to all units, the system calculates individualized load factors that reflect the local characteristics of each rental space's common area access. This ensures that each rental rate is determined with appropriate precision and fairness while maintaining calculation simplicity through automated software implementation.
Data Source
AI summary
A system and method for calculating rentable building area is provided. The system includes a device having a non-transitory computer readable memory and a processor, wherein the device is in wireless communication with a remote database. The non-transitory computer readable memory includes a software application thereon, wherein the software application calculates a building load factor and a rentable building area of individual rental spaces within a desired building via a plurality of user-specified building parameters. The plurality of user-specified building parameters includes at least a gross building area and a usable building area, wherein the building load factor is calculated via the gross building area and the total usable building area. The rentable building area is then calculated via the usable building area of the individual rental space and the building load factor and displayed on a display of the device.