CAM Audits/Representation
Common Area Maintenance (CAM) is a charge frequently levied as a part of commercial leases. It represents the expenses to maintain the common areas of property in which all tenants benefit.
Such expenses are typically included in CAM charges:
• Utility costs • Tax allocations and escalations • Repairs and maintenance • Landscaping • Advertising • Parking lot maintenance • Insurance • Management fees • Certain Capital Improvements Mandamus’ real estate group represents landlords and tenants to ensure that expenses are appropriate, accurate, recoverable and timely. Our audit services provide the assurance necessary in order for our client to charge or remit CAM. The real estate group is also available to assist clients in negotiation and due diligence necessary to challenge questionable CAM. Also see Lease audits
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