Top FAQs: #4
4) What are CAM charges?
A Common Area Maintenance charge refers to any incurred cost for work done on areas accessible to all tenants. The specific percentage of the cost that the tenant incurs is negotiated into the lease. Generally, this should be prorated based upon the percentage of rentable square footage that the tenant has leased out.
For Example: Parking lot maintenance, snow removal, landscaping, and similar services can potentially be paid in part by the tenant as a CAM charge, depending on negotiations with the landlord.
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