The Common Area Maintenance (CAM) reconciliation process for 2026 involves verifying and adjusting tenant billings for actual operating expenses incurred for shared property areas, ensuring accuracy and fairness in lease agreements. This process is critical for maintaining positive landlord-tenant relationships, preventing financial disputes, and reducing audit risks. Common errors can arise from miscategorized expenses, incorrect
As audit season looms, managers and tenants alike in the commercial real estate world are eyeing one of the trickier items on their checklist, the common area maintenance (CAM) reconciliation. Whether you’re a landlord, property manager, or tenant, getting this process right is crucial. It’s about more than just balancing the books: it’s about transparency,
In commercial real estate, Common Area Maintenance (CAM) reconciliation is not just accounting; it’s a critical cost-control point for tenants and a compliance requirement for landlords. This is done by comparing the estimated CAM fees that tenants pay each month with the actual costs that the landlord has to pay to keep common areas like
The Covid-19 pandemic has had a disruptive impact across every industry sector but hardly in the way, it has impacted the real estate sector. The commercial leasing business especially has been severely impacted with businesses largely adopting the work-from-home approach, most commercial buildings have remained mostly unoccupied since March 2020. While the sector is starting