Course Description
In this course, IREM Instructor Jeff Lapin, CPM®, will synthesize the rationale for property owners to charge tenants for their share of operating expenses. He will also describe in a logical, step-by-step way the process of reconciling tenants’ share of CAM expenses, from segregation of operating expenses into CAM and non-CAM to determining and billing each tenant’s share of such expenses. Jeff will also cover tips and best practices that make this process understandable and non-intimidating, even for property managers new to the process.
Learning objectives:
- Explore the theories and reasoning behind the CAM process
- Understand the specific steps involved in reconciling a tenant’s share of CAM
- Learn tips, tricks, and best practices for CAM reconciliation
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