Property Management
Common area maintenance (CAM) charges in a commercial lease are fees paid by tenants to cover:
AThe tenant's interior renovation costs
BTheir proportionate share of maintaining shared areas such as lobbies, parking lots, and landscaping✓ Correct
CThe landlord's mortgage payments
DIndividual unit utility costs
Explanation
CAM charges are assessed to commercial tenants to cover their proportionate share of maintaining common areas — lobbies, parking, landscaping, exterior lighting — typically in addition to base rent.
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