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Category: CAM Audit

Common Area Maintenance Fees
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Monday, 10 October 2022 / Published in CAM Audit, Real Estate
Common Area Maintenance Fees in Commercial Lease Negotiations
In a commercial lease, the “Common Area Maintenance” (or “CAM”) fee is a common example of the “triple net” (NNN) structure. Landlords typically expect payment from tenants for expenses like insurance, taxes, and common area maintenance in NNN leases. Triple net lease (or NNN) is a popular form of a commercial lease because it allows
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4-Different-Types-Of-Commercial-Real-Estate-Leases
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Wednesday, 25 May 2022 / Published in CAM Audit, Real Estate
4 Different Types Of Commercial Real Estate Leases
If you are planning to lease out a property for commercial purposes, you would have heard of the term CAM cost, which is nothing but the costs involved in the lease. But CAM charges aren’t collected for all the properties. It depends on the type of lease that was signed at the time of negotiation.
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The importance of common area maintenance audit
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Wednesday, 06 April 2022 / Published in CAM Audit, Real Estate
The importance of CAM audit
Every business functions systematically when there is proper management and organization. No matter the size of the business the owners and managers have their hands full which is why it’s advised to have an order in a company.  Having too much on the plate automatically leads to overlooking certain tasks which increase workload and one
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Understanding-CAM-charges-in-a-commercial-lease
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Friday, 04 March 2022 / Published in CAM Audit, Real Estate
Understanding CAM charges in a commercial lease
To understand what CAM (common area maintenance) charges are first we need to understand what common area maintenance means. The CAM charges are the costs of managing and maintaining commercial property paid by the tenants to the landlord, the costs may vary from market to market and even property to property. It is a benefit
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Top-3-aspects-to-consider-when-dealing-common-area-maintenance-expenses
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Tuesday, 01 February 2022 / Published in CAM Audit, Real Estate
Top 3 aspects to consider when dealing common area maintenance expenses
Common area maintenance cost (CAM) forms a big part of the commercial occupancy cost. CAM expenses are integral to any commercial leasing contract, and it benefits both tenants and the landlord. That said, tenants tend to have very little control over or visibility into the CAM expenses and it is the landlord who has the
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How-to-choose-a-right-CAM-audit-service-provider
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Monday, 31 January 2022 / Published in CAM Audit, Real Estate
How to choose a right CAM audit service provider
Common area maintenance cost (CAM) forms a big part of the commercial leasing expense. It is often a source of stress and contention for tenants as CAM costs do not follow a set structure and there is a certain lack of transparency as to how they are calculated.  While most tenants pay CAM expenses in
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Stop-overpaying-and-control-your-expenses-with-professional-CAM-Audit-services
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Monday, 20 December 2021 / Published in CAM Audit, Real Estate
Stop overpaying and control your expenses with professional CAM Audit services
As a business owner you are burdened with a slew of responsibilities, one of which is optimizing the cost of doing business. Amongst which maintaining and managing the lease for the business premise ranks top on the priority list. However, given the myriad business and operational demands, it hardly comes as a surprise that some
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CAM-Audit-Avoid-overpayment
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Tuesday, 09 November 2021 / Published in CAM Audit, Real Estate
CAM Audit – Avoid overpayment. Here’s how
Common area maintenance cost (CAM) remains a constant worry when it comes to retail/commercial real estate leasing. With landlords now passing the operating expenses based on estimate which is then reconciled at the end of the year to tally with the amount paid by the tenant has become increasingly challenging process to comprehend and navigate.
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Monday, 18 October 2021 / Published in CAM Audit, Real Estate
CAM audit – Tips for tenants to avoid overpayment
Commercial lease tenants are required to pay pro rata share of the operating expense which is commonly known as common Area Maintenance (CAM) expenses. As tenants you have the right to verify whether or not you are being charged correctly. CAM audit is a process that can help you determine accuracy of charges and the
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CAM-audit-for-tenants
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Thursday, 30 September 2021 / Published in CAM Audit, Real Estate
Top three challenges affecting Common Area Maintenance (CAM) audit for tenants
Commercial lease tenants are required to pay common Area Maintenance (CAM) charges are towards the maintenance of usable common areas within the property. It is typically calculated as the tenant’s pro-rata share of the operating expense. While CAM expenses are important for the upkeep of the property which is mutually beneficial for both tenant and
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