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Understanding Your Needs.
Exceeding Your Expectations.

Marquis Aurbach - New Logo

Understanding Your Needs.
Exceeding Your Expectations.

Common Area Maintenance Charges – The Devil is in the Details

On Behalf of | Jul 13, 2021 | Real Estate |

Commercial lease and sale agreements are complicated documents for the untrained eye. While the importance of a lease or purchase agreement by a competent attorney cannot be emphasized enough, some provisions are more important than others. One of those provisions is the collection of Common Area Maintenance (“CAM”) charges. Most commercial lease agreements require tenants to pay a base rent and their portion of CAM charges to help landlords cover costs associated with overhead and operating expenses for common areas. Read More