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Tag: CAM Reconciliation Supporting Services

How-to-streamline-your-CAM-reconciliation-process-using-best-practices
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Monday, 04 July 2022 / Published in CAM Reconciliation, Real Estate
How to streamline your CAM reconciliation process using best practices
One of the toughest processes to deal with in real estate is CAM reconciliation. Many owners and landlords struggle with their annual reconciliation. This is because of the intricacies involved, poor tracking of expenses, and the variation in the payment that we see every year. Common Area Maintenance is essential for owners, and missing this
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What-commercial-landlords-should-know-about-CAM-reconciliation
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Tuesday, 26 April 2022 / Published in CAM Reconciliation, Real Estate
What commercial landlords should know about CAM reconciliation
At the end of the year as the CAM fee is calculated the landlords usually end up in a confused state wondering if the tenants still owe them for certain charges, has the calculations have been done accurately, or do they owe the tenants instead.  CAM is a common area utility fee that every property
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https://www.springbord.com/blog/why-is-outsourcing-cam-reconciliation-beneficial-for-property-managers/
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Friday, 08 April 2022 / Published in CAM Reconciliation, Real Estate
Why is outsourcing CAM reconciliation beneficial for Property managers
CAM reconciliation in itself may not sound like a lot of work but keeping it organized is a little more complicated than it seems. The CAM charges differ from property to property, hence, there is no way to determine the charges and put out a specific rule on how they should be charged.  The year-end
CAM reconciliationCAM Reconciliation OutsourcingCAM Reconciliation ServicesCAM Reconciliation Supporting ServicesOutsource CAM Reconciliation
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Choosing-the-right-CAM-reconciliation-partner
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Monday, 03 January 2022 / Published in CAM Reconciliation, Real Estate
Choosing the right CAM reconciliation partner
Common area maintenance (CAM) reconciliation is one of the most critical tasks of commercial lease administration, which if not done correctly can result in significant losses. CAM reconciliation is a complex, tedious, and time-consuming activity and your team is under constant pressure to get it done accurately and in a timely.  This makes the process
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CAM-Reconciliation-Avoid-the-risk-of-landlord-tenant-dispute-over-faulty-CAM-charges
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Thursday, 11 November 2021 / Published in CAM Reconciliation, Real Estate
CAM Reconciliation – Avoid the risk of landlord-tenant dispute over faulty CAM charges
Common area maintenance (CAM) expenses are operating expenses that are shared by the tenants on a pro rata basis. CAM charges are not standard expenses, they vary greatly depending on various factors, because of this CAM reconciliation has emerged to be one of the most tedious and complex processes. Despite landlords/property managers efforts to simplify
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CAM-reconciliation
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Wednesday, 22 September 2021 / Published in CAM Reconciliation, Real Estate
Three things you should know about CAM reconciliation
Common area maintenance (CAM) expenses are a standard and key part of any commercial lease that helps cover the operating expenses These charges are calculated on a pro-rata basis and passed on to the tenants. That said, despite its importance in the upkeep of a property, the lack of a unified template for reconciling CAM
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Top-3-reasons-to-outsource-CAM-reconciliation-services
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Monday, 09 August 2021 / Published in CAM Reconciliation, Real Estate
Top 3 reasons to outsource CAM reconciliation services
Common area maintenance (CAM) is one of the most contentious clauses in a commercial lease contract. Tenants are mostly on guard regarding the expenses charged under CAM costs. As such the process of reconciling these expenses demand time, meticulous attention, and a thorough understanding of the clause and the type of expenses that can be
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