Property Management
A Maine property manager who manages a shopping center is responsible for maintaining the common area. Who typically pays for common area maintenance in a commercial NNN lease?
AThe property manager personally
BThe tenants through CAM charges based on their pro-rata share of the building✓ Correct
CThe municipality through special assessment
DThe property owner exclusively
Explanation
In a NNN (triple net) lease, tenants pay a pro-rata share of common area maintenance (CAM) expenses based on their percentage of the total leasable square footage.
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