Property Management
A Michigan CAM (Common Area Maintenance) charge in a commercial lease is:
AA one-time fee paid at lease signing
BThe tenant's proportionate share of operating expenses for shared areas✓ Correct
CA government-mandated charge for property maintenance
DThe broker's management commission
Explanation
CAM charges are recurring fees in commercial leases where tenants pay their proportionate share of costs for maintaining shared spaces (parking lots, lobbies, landscaping), typically in addition to base rent.
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