Forbes

Understanding Tenant Improvement And Common Area Maintenance Charges In Commercial Real Estate

Ari Chazanas is the founder and CEO of Lotus West Properties, a property management and investment firm based in West Los Angeles. Tenant improvement (TI) and common area maintenance (CAM) are just as ...
JD Supra

Who Pays For What? Strategically Drafting and Reviewing Operating Expenses and Common Area Maintenance Costs In Commercial Leases

Operating expenses (“OpEx”) and common area maintenance fees (“CAM”) are two important items in any commercial lease, but they are often overlooked after the decision is made on how to split up these ...
Los Angeles Times

It’s up to the landlord to maintain a building’s common areas

Question: My landlord does not keep up the common areas of our building. Doesn’t he at least have to change the light bulbs in the hallway? Answer: Light bulbs and more. Landlords are responsible for ...
Forbes

The CAM Confusion: Why It Costs Owners Real Money And How To Fix It

Every commercial property owner loves the idea of recovering operating expenses through common area maintenance (CAM) charges—until the year-end reconciliation shows up and tenants are confused, ...
Tax Guru

CAM Charges Cannot Be Treated as Rent as They Cover Common Area Services: ITAT Delhi

The ITAT Delhi held that Common Area Maintenance (CAM) charges are payments for maintenance services and not consideration for the use of premises. Accordingly, TDS on such payments is deductible ...
Grand Forks Herald

Grand Cities Mall tenants, for the first time, pay reconciliation fees for common area maintenance costs

GRAND FORKS — Some Grand Cities Mall tenants expressed surprise and confusion after recently receiving a new bill from the mall’s owner, Land of Hope LLC, but the LLC’s operations and development ...