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Whar kind of cost is common area maintenance costs?

In: Food & Cooking, Cooking Equipment Appliances and Utensils, Commercial Leasing [Edit categories]

Answer:

Common Area Maintenance (CAM) is the operating cost associated with the space in a development that is not suitable for leasing, but is used (or available for use) by all tenants. Specifics would vary by property type but might include the expenses for maintaining the pool at an apartment complex or the utility and repair bills for the parking lot of a retail center.

First answer by ID1167636658. Last edit by ID1167636658. Question popularity: 2 [recommend question].

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