What Is A Cam Agreement

For example, in many cases, the tenant is only responsible for HVAC repairs up to a certain amount per year. This is called a „stop“. It`s similar to a franchise. A commercial lease will also include several sections related to common areas and CAM fees. CAM fees are the cost of maintaining the common space that landlords pass on to their tenants. These maintenance costs may be related to the costs of managing and maintaining the commercial property. During the conversation, you`ll likely hear that these fees are simply referred to as „MCAs.“ Unfortunately, there is no general agreement on what exactly cam fees include. The costs included in camera fees can vary from market to market and even locally from owner to owner…