Benefits of the Tenant CAM Audit
When you lease commercial space, you pay for more than just the square footage you will occupy. Many, if not most, commercial leases are “triple net” (NNN) leases which require…
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The Process of the CAM Audit
Why is a CAM audit important? As an owner, your goal is to maximize your return on investment – which includes optimizing cost sharing with your tenants. Although common area…
3 Crucial Tips On CAM Reconciliations
Although common area maintenance (CAM) charges are a routine element in most commercial leases, their terms can vary significantly. To execute an accurate annual reconciliation of these expenses, there must…
