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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.
Proposition 218 passed in 54 (93%) of the 58 counties in California. [41] Proposition 218 passed in 405 (86%) of the 469 cities in California in 1996. [42] Proposition 218 passed in 67 (84%) of the 80 State Assembly Districts and in 34 (85%) of the 40 State Senate Districts in California (based on 2011 Redistricting).
t. e. Proposition 13 (officially named the People's Initiative to Limit Property Taxation) is an amendment of the Constitution of California enacted during 1978, by means of the initiative process, to cap property taxes and limit property reassessments to when the property changes ownership, as well as require a 2/3 majority for tax increases ...
Real estate agent. Lawn signs advertising houses for sale. Real estate agents and real estate brokers are people who represents sellers or buyers of real estate or real property. While a broker may work independently, an agent usually works under a licensed broker to represent clients. [1] Brokers and agents are licensed by the state to ...
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 ...
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 ...
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