Commercial leasing Re. CAM Charges

joan38 · #1 Jun 28, 2008, 06:15 PM

After calculating the percentage for CAM charges for each tenant, how do i apply the CAM square footage to each Tenant's rentable space?

LisaB4657 · Jun 28, 2008, 06:39 PM

You take the total amount of the CAM charges for the entire shopping center/building and multiply it by the tenant's percentage. The amount you end up with is the amount that tenant pays for CAM.

LisaB4657 · Jun 29, 2008, 07:09 AM

Quote:

joan38 agrees: I've always thought this was the correct way to calculate this but othes I know seems to do it different.

It's the basic way of doing it. But some people may use slightly different accounting methods. Or some tenants may have lease agreements that were negotiated a bit differently.



At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to: Get free answers from experts in any of our 300+ topics. Accept money for answers that you provide. Communicate privately with other members (PM). See fewer ads. Sign Up!