Share on Facebook Share on Twitter Email
Answers.com

Common Area Maintenance (CAM)

 
Barron's Real Estate Dictionary:

Common Area Maintenance (CAM)

Amounts charged to tenants for expenses to maintain hallways, restrooms, parking lots, and other common areas.


Example: In a regional mall, the cost of utilities needed to heat, cool, light, and clean the common areas was allocated to each tenant as common area maintenance, charged back to tenants .

Previous:Commitment Letter, Commitment Fee
Next:Common Areas, Common Areas Assessments (ha or hoa fees)
Search unanswered questions...
Enter a question here...
Search: All sources Community Q&A Reference topics
 
 

 

Copyrights:

Barron's Real Estate Dictionary. Dictionary of Real Estate Terms. Copyright © 2008 by Barron's Educational Series, Inc. All rights reserved.  Read more

Follow us
Facebook Twitter
YouTube

Mentioned in