Get a CAM reconciliation done today!
Did you know that 30% off tenants end up paying their landlord a lot more than they owe? The culprit is usually CAM.
Common Area Maintenance (CAM) is a crucial element of your lease's operating expense. CAM charges run into thousands of dollars every year.
As a tenant, it is very important to ensure that you consistently track and review the CAM charges levied upon you by your landlord to ensure they are accurate, as errors that are embedded in the lease, year, on year can cost you dearly.
RE BackOffice helps retail tenants save hundreds of
thousands of dollars every year through accurate CAM
reconciliations.
As a part of our CAM reconciliation services, we offer-
CAM charges
reconciliation
Insurance charges
reconciliation
Invoice processing
and audits
Real Estate Taxes
reconciliation
Follow-ups with
landlords to correct
overcharging
WHO
WE ARE!
Rebolease.com, powered by RE BackOffice, Inc., is a global boutique firm specializing in real estate marketing and lease services. Our Lease Services Group (REBOlease.com) provides Lease Administration, Lease Abstraction, CAM Reconciliation services to clients across diverse industries, covering every type of lease on any lease administration platform. Since 2006, we have diligently served over 1000 clients giving us the experience needed to be a trusted partner. Whether we are utilizing this comprehensive expertise or harnessing the power of our proprietary lease abstraction software, we bring an unparalleled strategic and financial advantage to our clients.
Hands-on experience across all leading
lease administration platforms
Trusted by Industry Leaders
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Discover how a leading supermarket chain saved more than $142K annually with our expert CAM reconciliation services.
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Explore proven strategies to enhance transparency, increase efficiency, and reduce tenant disputes in your Common Area Maintenance audits.
Download WhitepaperCAM Reconciliation: FAQs for Tenants
CAM (Common Area Maintenance) charges cover the cost of maintaining shared areas in a commercial property, such as lobbies, hallways, parking lots, landscaping, and building security. These areas benefit all tenants, and CAM charges ensure the property is well-maintained for everyone's comfort and safety.
CAM charges are typically estimated at the beginning of the year based on the property's operating budget, and then divided among tenants based on the terms of your lease—often by your leased square footage as a percentage of total rentable space.
CAM reconciliation is the year-end process where actual expenses are compared to what you were billed during the year. If actual costs were higher, you may owe a balance. If they were lower, you might receive a credit or refund, depending on your lease terms.
Common CAM expenses include janitorial services for common areas, landscaping, security, snow removal, utilities for shared spaces, parking lot maintenance, elevator servicing, and building management fees. Your lease may specify additional inclusions or exclusions.
You can request a detailed reconciliation statement and supporting documentation. Many leases also allow tenants to audit CAM charges. If you have questions, it's important to ask for clarification or an itemized breakdown.
If you suspect an error, you can raise the issue with the landlord or property manager. A review of your lease terms and a comparison against the reconciliation report may resolve the concern. Some leases provide formal audit rights or dispute resolution processes.
A gross-up adjusts certain variable expenses (like utilities or janitorial services) as if the property were fully occupied. This ensures all tenants pay a fair share, even if parts of the property are vacant. It's a standard industry practice and typically outlined in your lease.
Some leases include CAM caps or limits on annual increases. These may be fixed percentages or based on actual cost increases. Check your lease for specific clauses that protect you from excessive CAM hikes.
Yes, CAM terms are often negotiable. Tenants can request caps, exclusions, or more transparency in reporting. It's always wise to review and negotiate CAM clauses during lease discussions to avoid surprises later.
Ask for an annual CAM reconciliation statement and a clear summary of how costs were allocated. If you're unsure about any line item or adjustment, don't hesitate to reach out for clarification. A good landlord or property manager should be transparent and responsive.