Do not let incremental losses stack up - Ensure timely CAM reconciliation
Monday, 27 April 2020 / Published in CAM Reconciliation, Real Estate
Do not let incremental losses stack up – Ensure timely CAM reconciliation
Common area maintenance (CAM) charges play a key role in managing and maintaining commercial properties. CAM charges are not standardized and vary from one property/landlord/market/location to another. To maintain transparency with tenants these expenses are allocated appropriately and proportionately, and it is therefore important to follow the lease terms and guidelines and ensure accurate calculations
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3 solid reasons why you should hire a CAM reconciliation service right away
Thursday, 12 September 2019 / Published in CAM Reconciliation, Real Estate
3 solid reasons why you should hire a CAM reconciliation service right away
The US Law defines CAM charges as the expense that a tenant is expected to pay up on a pro-rata basis towards the annual maintenance, repair and operation of common utility areas, as incurred by the landlord / property owner. In the real scenario, CAM charges are basically whatever the landlord has mentioned in the
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