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CAM Reconciliation Part I: Introduction to the Process of Reconciling and Billing CAM

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$ 99.00

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Course Description

This is an introduction to the theory and process of reconciling commercial tenant’s common area maintenance charges. For those new to the process or who just need a refresher on the how, why and when of the process, this course is for you. Almost all commercial leases (especially office and retail leases) have provisions allowing the landlord to pass through to the tenants a share of property operating expenses including taxes, insurance, utilities and maintenance.

Learning objectives:

  • Gain insight of the theory and process of operating expense pass through to tenants
  • Understand the language in leases that pertains to the landlord’s right to charge and the tenant’s obligation to pay a share of property operating expenses including the base year/comparison year concept for office tenants
  • Get a view of the Excel CAM model that Jeff has used to calculate and reconcile CAM’s
  • Prepare for Part II in the series in which we will do a deep dive into the actual step-by-step process of CAM reconciliation

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