Property Management
What is a 'common area maintenance' (CAM) charge in a Delaware commercial lease?
AA charge for maintenance of the tenant's private office space
BThe tenant's pro-rata share of costs to maintain shared areas such as lobbies, parking lots, landscaping, and building systems in a multi-tenant commercial property✓ Correct
CA one-time charge for the initial setup of common areas when a tenant moves in
DA charge assessed only when a tenant causes damage to common areas
Explanation
CAM (Common Area Maintenance) charges are the tenant's proportionate share of costs to operate and maintain shared areas in a multi-tenant commercial building. Common CAM items include parking lot maintenance, landscaping, lobby cleaning, exterior lighting, snow removal, and property management fees.
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