Realized 1031 Glossary of Terms

Common Area Maintenance (CAM) Charges

Written by The Realized Team | Jul 13, 2022 2:56:00 PM

Common area maintenance charges are 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.