Property Management
An Austin or Dallas property manager handling commercial leases should understand that CAM reconciliation involves:
AA one-time calculation performed at lease signing
BAnnual comparison of estimated CAM charges billed to tenants versus actual expenses incurred✓ Correct
CMonthly adjustment of the base rent
DQuarterly property tax payment adjustments
Explanation
CAM reconciliation compares the estimated CAM charges collected from tenants throughout the year against actual operating expenses. If actual costs exceeded estimates, tenants pay the difference; if less, tenants receive a credit.
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