Does the 10% administrative add-on to the CAM costs include the property management fee or is it added later?

In Property Management - Asked by Katherine G. - Mar 5, 2013
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Answer(s)

Deborah T.
Appraiser
Columbia, SC

It's typicallly added as an upcharge to common area maintenance but must be specified in the lease to be collectable. CAM charges can be billed to the tenant monthly or collected annually depending on what the lease says.

Mar 5, 2013
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Jeffrey F.
Property/Asset Manager
Liverpool, NY

It will depend on what the lease allows for, but typically PM fees are a line item expense and the 10% admin is added on top of all expenses attributable to CAM. Which includes a property management fee.

Mar 6, 2013
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