Property Management
What is a CAM charge in a commercial lease?
ACommercial Advertising and Marketing fee
BCommon Area Maintenance fee paid by tenants for shared spaces✓ Correct
CCapital Appreciation Management fee
DCommercial Assessment and Maintenance fee
Explanation
CAM (Common Area Maintenance) charges are fees paid by commercial tenants for their proportionate share of maintaining common areas like parking lots, lobbies, and landscaping in multi-tenant properties.
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