Property Management

What is a 'CAM charge' in Pennsylvania commercial property management?

AA Computer-Assisted Management fee charged by property management software vendors
BA Common Area Maintenance charge paid by tenants under commercial leases for their proportionate share of maintaining shared building areas✓ Correct
CA Pennsylvania municipal tax on commercial apartment managers
DA Certified Asset Management designation fee required for commercial property managers

Explanation

Common Area Maintenance (CAM) charges are fees paid by tenants under commercial leases for their proportionate share of the costs of maintaining shared areas — lobbies, parking lots, landscaping, elevators, hallways, and building systems. CAM charges are common in shopping centers, office buildings, and multi-tenant commercial properties throughout Pennsylvania.

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