It’s been almost a year since our we wrote about Building Operating Expenses often referred to as “CAM” charges. The question we posed was, “Is it worthwhile to perform a full audit on your CAM charges?” In short, unless you have a rather large space with CAM’s exceeding $50,000 it probably is not something a lease audit specialist might take on. Typically, contingency audit firms receive as a fee, 50% of their recovery. If you have a small space and your CAM’s run less than $10,000/year, it is likely not economically feasible for the audit firm. However, here are a few tips you may want to consider. In that previous BLOG we provided a simple chart that we utilize to track our clients’ CAM’s
Tenant Tactics Blog
With so many landord/tenant or leasing issues occuring so rapidly, we will be limiting our monthly Blog posts but please click on our new "Solutions of the Day" section for short and quick answers to every day problems facing tenants
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