Category: CAM Audit

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.

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

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

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

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

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

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

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