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Tag: CAM audit

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Are you overpaying your landlord? Here’s why you should consider CAM audit
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Friday, 19 March 2021 / Published in CAM Audit, Real Estate

Are you overpaying your landlord? Here’s why you should consider CAM audit

In a triple net lease, common area maintenance (CAM) charges play a key role. They account for the operating charges and overall rent liability of tenants. While CAM expenses are a common aspect of any commercial lease, it remains a contentious issue as it accounts for substantial portion of tenants’ lease cost. Ideally, tenants completely
CAM auditCAM Audit ServicesCAM ChargesOutsource CAM Audit
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Are you aware of your CAM charges or are you overpaying?
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Wednesday, 03 February 2021 / Published in CAM Audit, Real Estate

Are you aware of your CAM charges or are you overpaying?

Tenants leasing commercial spaces are needed to pay common area maintenance (CAM) charges for upkeep and repair of common areas. These generally include staircase, escalators, elevators, lobby area, corridors, parking lot, outside landscaping and others. CAM charges make up an important part of commercial real estate leasing as they help maintain the building/property efficiently. CAM
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Managing the uphill task of CAM reconciliation in the face of Covid-19 pandemic
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Friday, 16 October 2020 / Published in CAM Reconciliation, Real Estate

Managing the uphill task of CAM reconciliation in the face of Covid-19 pandemic

Common area maintenance (CAM) charges play a key role in the upkeep of the commercial property. CAM fees, as known, as charges passed on to the tenants by the landlord that accounts for the operating expenses of a property. Typically, CAM charges are in Triple Net leases, that also includes property taxes and insurance. CAM
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How can improving CAM reconciliation impact leasing strategy?
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Thursday, 23 January 2020 / Published in CAM Reconciliation, Real Estate

How can improving CAM reconciliation impact leasing strategy?

Common Area Maintenance (CAM) reconciliations for commercial properties can be a nerve-racking task. It is given that commercial real estate accounting can be challenging and tricky if not done diligently and timely. This is one area that is prone to human errors. Due to inaccurate and incomplete CAM reconciliations landlords not only suffer huge negative
CAM auditCAM ChargesCAM Reconciliation ServicesOffshore CAM ReconciliationOutsource CAM Reconciliation
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CAM Audit
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Wednesday, 11 July 2018 / Published in Real Estate

Dealing with Common Area Maintenance(CAM): An Uncommon Aspect of Leasing

What is CAM? CAM is a short form for Common Area Maintenance charges, and is one of the most underestimated and undervalued aspects of any commercial lease in real estate It comprises of maintenance fees and operating costs (work carried on in the common area of a property like cleaning the walkways, cleaning the food
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