CAM Reconciliation
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CAM in Commercial Real Estate
Featured snippet: Common Area Maintenance (CAM) in commercial real estate are the shared operating costs—parking, landscaping, lighting, security, elevators—that tenants pay pro‑rata on top of base rent. Landlords bill CAM to cover building‑wide expenses; tenants must watch definitions, reconciliations, caps, and capital treatment to avoid nasty true‑ups. But here’s the kicker: a well‑drafted CAM clause…