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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 ...
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The cost of property insurance for his small business recently doubled to about $16,000 a year. Lezlie Sterling/lsterling@sacbee.com So much attention is put on the challenges California ...
In San Francisco, Starcity is converting unused parking garages, commercial spaces and offices into single-room residential units, where tenants (tech professionals are the typical renter) get a furnished bedroom and access to wifi, janitor services and common kitchens and lounges for $1,400 to $2,400 per month, an approach that has been called ...
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