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COMMON WALL

Credit gives the word to pay either by repaying it or returning those resources later. In other words, this credit is the method of making the reciprocity formal, legally enforceable, and of course, extensible to a vast group of people who are not related.

However, the resources provided may be financial or have goods or services, like consumer credit. The credit covers any form of deferred payment. Credit generally gets extended by the creditor, the debtor or lender, and sometimes the borrower.



Definition

A common wall can be described in a number of ways, but defined only in one. When you have a limited amount of space and want to build two rooms in one, you can make use of a common wall. It is basically a shared wall that defies the regulations of wall building between two rooms or buildings. This can be any wall including the all to attached garages. 

Use of Common Wall in Real Estate

There are a number of reasons why you would want to have a common wall in your property. Here mentioned are some of the more valid reasons people often opt for it.

1. Privacy in shared rooms:

One of the first and foremost reasons is that you will get to have your own space even if you are sharing a room. There are many instances why you might want to live in a shared space, one of the most common ones being lesser rent. However, that does not mean you have to compromise on your privacy. With a common wall, you can simply build two rooms in one.

2. More rooms in less area:

Another big reason why people often opt for shared rooms is the ability to create more rooms in a limited amount of space. For instance, if your house plan has already been developed and the construction is complete. However, you might suddenly realise the need for an extra room. In such scenarios, building a common wall can help you get more rooms out of a limited amount of space. This can help you make more of the said property in terms of space.



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