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Common area maintenance charges ( CAM) are one of the net charges billed to tenants in a commercial triple net (NNN) lease, and are paid by tenants to the landlord of a commercial property. A CAM charge is an additional rent, charged on top of base rent, and is mainly composed of maintenance fees for work performed on the common area of a property.
In the field of commercial real estate, especially in the United States, a net lease requires the tenant to pay, in addition to rent, some or all of the property expenses that normally would be paid by the property owner (known as the "landlord" or "lessor"). [1] These include expenses such as property taxes, insurance, maintenance, repair, and ...
A commercial office/retail building. Commercial property, also called commercial real estate, investment property or income property, is real estate (buildings or land) intended to generate a profit, either from capital gains or rental income. [ 1] Commercial property includes office buildings, medical centers, hotels, malls, retail stores ...
Rental value can also be used in a divorce, separation, or annulment action for equitable distribution, in those states lacking Community property laws. [citation needed] Fair market rent in the US. Fair Market Rent in the US context is the amount of money that a given property would command, if it were open for leasing at the moment.
In 2016, California had the 17th-highest per-capita (per-person) property tax revenue in the country at $1,559, up from 31st in 1996. [29] In 2019, WalletHub applied California's statewide effective property tax rate of 0.77% to the state median home market value of $443,400; the annual property taxes of $3,414 on the median home value was the ...
The cost of property insurance for this small winery in Camino, Chateau Davell, recently doubled to about $16,000 a year, said owner Eric Hays. Lezlie Sterling/lsterling@sacbee.com. Eric Hays ...
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