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Common Area Maintenance (CAM) is the operating cost associated with the space in a development that is not suitable for leasing, but is used (or available for use) by all tenants. Specifics would vary by property type but might include the expenses for maintaining the pool at an apartment complex or the utility and repair bills for the parking lot of a retail center.
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Are utility cost part of common area maintenance costs?
This article covers CAM fairly well. The simple answer is yes. http://www.goulstonstorrs.com/uploadedFiles/Newsstand/Media_Articles/goulstonstorrsreprint.pdf NO......................
What is the maintenance cost of a car?
The maintenance cost of a car is how much it costs to keep it legally on the road for a year. The cost for a brand new car is usually low but costs increase as the car gets older.
What are the hidden costs on fossil fuel systems?
The cost of the carbon pollution on the environment.The maintenance costs of equipment.
Energy efficiency reduce building maintenance costs?
No. made it cost more. :(
Do robots cost?
Yes, robots cost. Generally there are three types of costs: - development cost - manufacturing cost - distribution cost - maintenance cost
What is the average maintenance cost of a car per year?
According to recent studies, it costs $8,698 annually to maintain a car. This comprises of cost of fuel, maintenance, tires, insurance, license and registration fees, taxes, depreciation and finance charge.
What fees count as common area maintenance fees?
Amounts charged to tenants for expenses to maintain hallways, restrooms, parking lots, and other http://www.answers.com/topic/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.
Is common cost traceable cost or untraceable cost?
Common costs are shared between the units ie departments or products. Traceable costs are specific to the unit. While I've never heard common costs being called untraceable they are cannot be traceable to the specific units while they are common to all units. They are either traceable or common.
What is the comparative capital and maintenance costs of a solar power plant?
what is the comparative capital and maintainance cost of a solar
How much does it cost to run a set of traffic lights?
Depending on the area and economy, a traffic light system could cost a city an average of $250,000 to $500,000 in tax dollars. Then you have the electric bills and routine maintenance costs of about $8,000 a year.
How is the Brooklyn Bridge maintained and the cost of its maintenance?
The Brooklyn Bridge needed massive repairs. It cost $811 million dollars. The city has to pay 54% of the costs. The federal government is paying the rest of the costs.
How much does the annual maintenance usually cost for boats?
You should be prepared to spend $250 a year on maintenance, barring any major repairs. The longer you own the boat, the lower the maintenance costs should be.
