Property Management
A Montana property manager responsible for a commercial building's common area maintenance (CAM) charges must:
AEstimate CAM charges but never reconcile them to actual expenses
BAccurately track and reconcile CAM expenses and provide tenants with annual reconciliation statements as required by their leases✓ Correct
CCharge equal CAM amounts to all tenants regardless of lease terms
DOnly charge CAM on the first floor tenants
Explanation
CAM charges (for maintaining common areas) must be accurately tracked, allocated according to lease terms (usually based on proportionate share of leasable area), and reconciled annually. Tenants typically receive reconciliation statements showing actual vs.
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