Property Management
A 'CAM' charge in a commercial lease stands for:
ACapital Appreciation Measure
BCommon Area Maintenance✓ Correct
CCommercial Assessment Method
DCash Accrual Management
Explanation
CAM (Common Area Maintenance) charges are fees paid by tenants in commercial leases for their proportionate share of maintaining shared common areas like lobbies, parking lots, and landscaping.
Related North Carolina Property Management Questions
- Which of the following is NOT typically included in a commercial NNN lease?
- Under the NC Vacation Rental Act, a landlord/manager who retains advance rent payments and does not provide the rental must:
- The 'net operating income' (NOI) for a property management report excludes:
- How many days does a North Carolina landlord have to return a security deposit after the tenant vacates?
- A NC property manager conducting annual inspections of rental units should document findings primarily to:
- Under the NC Tenant Security Deposit Act, a landlord may deduct from a security deposit for:
- In NC, a tenant who is called to active military duty may terminate a lease early under:
- In North Carolina, a security deposit for a residential unit may not exceed:
Practice More North Carolina Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free North Carolina Quiz →