Property Management
A Bozeman commercial property manager must understand that common area maintenance (CAM) charges in a lease allow the landlord to:
ACharge tenants for the landlord's personal expenses
BRecover the proportionate share of operating costs for shared areas from each tenant✓ Correct
CUnilaterally increase rent without proper notice
DExclude tenants from using common areas
Explanation
Common area maintenance (CAM) charges are fees paid by tenants in commercial leases for their proportionate share of maintaining and operating shared areas (lobbies, parking lots, landscaping). CAM charges are disclosed in the lease and calculated based on the tenant's percentage of total leasable space.
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