Leases and transactions
Common area maintenance refers to charges for maintaining shared areas of a commercial property, such as parking lots, landscaping, lobbies and exterior lighting, often passed to tenants under a net lease.
CAM charges can be a major tenant cost. Leases define what counts as CAM and what is a capital item the landlord must pay. Parking lot, roof and structural repairs are often disputed.
Source: law.cornell.edu
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