This is the additional rent charged to the tenant in addition to the base rent. It is used for the upkeep of common areas on the property shared by the tenants from which they all benefit. Some services included in this are parking lot sweeping, snow removal, landscaping, janitorial services, property taxes, and insurances.
Common Area Maintenance (CAM)
This is the additional rent charged to the tenant in addition to the base rent. It is used for the upkeep of common areas on the property shared by the tenants from which they all benefit. Some services included in this are parking lot sweeping, snow removal, landscaping, janitorial services, property taxes, and insurances.
