Property Management
The term 'CAM charges' in a commercial lease refers to:
ACommercial Appraisal Method charges
BCommon Area Maintenance charges that tenants contribute toward shared expenses✓ Correct
CCapital Asset Management fees charged by the property manager
DCertified Accounting Method charges for lease audits
Explanation
CAM charges are Common Area Maintenance charges in commercial leases. Tenants pay a proportionate share of the costs to maintain shared areas (lobbies, parking lots, landscaping, hallways). CAM reconciliations are performed annually.
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