Glossary of Terms

Common Area Maintenance (CAM) Charges 2015-11-10 08:00:00

Common Area Maintenance (CAM) Charges

The contribution or fee paid collectively by individual tenants for the maintenance and upkeep of the non-exclusive areas of the premises. 

For example, tenants in an office building may pay CAM charges for cleaning of the building lobby and parking lot and upkeep of the elevator systems.

 


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