Managing Complex and Expansive Real Estate Database
Common area maintenance (CAM) charges are what commercial landlords pass on to their tenants, based on pro-rata share, as operating expense to run and maintain the building and cover utilities and facility management costs. While CAM is an important part of commercial leasing that plays a key role in ensuring the space is well-maintained, it has been the most contentious aspect of commercial leases. Lack of standardized practices and landlord’s liberal interpretation of expenses often result in incremental occupancy cost for tenants, making CAM expenses prone to disputes/litigations. The only way to remediate this issue is through CAM audit.
Download our whitepaper to learn how CAM audit can help you determine whether what you are being charged is fair and accurate, reduce future risk of overcharges/unauthorized expenses, and even accelerate dispute resolution.