What Is Common Area Maintenance?

Also written as: CAM

CAM charges are a tenant's pro-rata share of the cost to maintain a commercial property's shared spaces — parking lots, lobbies, landscaping, and shared utilities — typically billed on top of base rent.

Most useful for: Condo Buyer · Commercial Investor

At a Glance

Common Area Maintenance

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Definition

Plain-English meaning

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Related Terms

3 connected concepts

Related Terms

Triple Net Lease Pro Rata Outgoings

More Commercial & Appraisal Terms

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This definition is provided for general educational purposes and is not financial, legal, tax, or real estate advice. Verify important decisions with appropriately qualified professionals.

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