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you find these terms in a house and lot offer. a lot area is the total area, usually in sq meters, of the property while floor area is the area of the infrastructure built in the lot or the maximum size of structure that the government, as provided by charters, allows.

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Q: What is the difference between floor area and lot area?
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Related questions

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FAR=Total floor area of building / Total lot area


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Take the lot size and multiply it by the Floor Area Ratio. For example, on a 5,000 square foot lot with a 2.0 FAR you could construct a building with 10,000 square feet of total floor area (the floorspace of each floor above ground added together). Keep in mind that there are other restrictions as well, such as building height and setback issues that could keep you from using the total allowable building area per your FAR.