Property ManagementIntermediateDelaware Exam
A Delaware commercial property manager collects a 'CAM fee' from tenants. What does CAM stand for?
ACommercial Area Maintenance
BCommon Area MaintenanceCorrect
CCentral Amenity Management
DContracted Annual Maintenance
Why Common Area Maintenance Is Correct
Answer B: Common Area Maintenance
CAM stands for Common Area Maintenance. In commercial leases (especially retail), tenants pay a proportionate share of the costs to maintain common areas such as parking lots, lobbies, and landscaping.
Exam Tip: Property Management
Property management questions cover landlord-tenant law, security deposits, and maintenance responsibilities. Know the differences between gross, net, and percentage leases.
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