
CAM (Common Area Maintenance) Fees
CAM (Common Area Maintenance) fees are charges tenants pay in commercial properties, like shopping centers or office complexes, to cover the costs of maintaining shared spaces. These areas include hallways, parking lots, landscaping, elevators, and security. The fees are divided among tenants based on factors such as size or lease terms. CAM fees ensure that common areas remain clean, safe, and functional, benefiting all tenants and visitors. They are typically billed monthly or quarterly and can vary depending on the property's maintenance needs and expenses.