What is CAM?

In Leasing Property - Asked by Minnie H. - Nov 15, 2013
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Answer(s)

Cory W.
Broker/Agent
Redwood City, CA

Common Area Maintenance

Nov 15, 2013
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Brian S.
Las Vegas, NV

Common Area Maintenance Fees. The basic purpose is for tenants to cover the landlord's expenses of the common area's. This can be parking lots, landscaped areas, hallways, stairwells, bathrooms, lobbies, janitorial services, management fees, security, etc. The amount and what is included vary from landlord to landlord, property to property and local to local. If you are a tenant looking for space be sure to ask for a breakdown of expenses the CAM will cover.

Nov 15, 2013
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Jason F.
Broker/Agent
Phoenix, AZ

Common Area Maintenance are the expenses for operating the "common" areas of the building or property. In a multiple tenant building, there are areas of that property each tenant shares, such as parking lots, common bathrooms, lobbies, grounds, roof, etc. Those areas incur expenses to operate. The lobby may be heated or air conditioned, cleaned and repaired. The parking lot may need resurfacing occasionally. The landscaping needs maintenance. The building may even employ security for the benefit of all tenants. Those expenses are usually passed on to the tenant for their proportionate share, meaning if you rent 1000 sf of a 10,000 sf building, you will pay 10% of the total common area expenses for the building.

Nov 18, 2013
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Todd M.
Owner/Investor
Huntington, NY

There are many online definitions of CAM fees that define CAM fees as a tenant sharing a portion of the direct costs of maintaining very specific common areas. These oversimplified definitions are not entirely accurate and a landlord may include many indirect costs as CAM fees that are not so obvious.

Nov 20, 2013
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Dalip S R.
Broker/Agent
Arlington, TX

Common area maintenance fee, basically you are paying the landlord for maintenance, utilities, landscaping and lot of other expenses related to the building. Usually its based upon your square footage and use.

Nov 20, 2013
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