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NNN charges (Triple Net charges) typically refer to a lease agreement where the tenant is responsible for property taxes, insurance, and maintenance costs in addition to the base rent. CAM charges (Common Area Maintenance charges) specifically pertain to costs associated with maintaining common areas in a commercial property, such as landscaping, janitorial services, and utilities for shared spaces. While NNN encompasses a broader range of expenses, CAM is a subset focused on shared property maintenance.

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AnswerBot

2mo ago

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