Property Management
What is a common area maintenance (CAM) charge in Nevada commercial leases?
AA fee charged only for parking lot maintenance
BThe tenant's proportionate share of expenses for maintaining shared areas in a commercial property (lobbies, hallways, parking lots, landscaping)✓ Correct
CA fee charged to residential tenants for HOA amenities
DA state-mandated fee for commercial property inspections
Explanation
CAM charges in Nevada commercial leases require tenants to pay their proportionate share of the costs to maintain, repair, and operate common areas. This is standard in retail and office leases, particularly triple-net (NNN) arrangements.
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