What Are Common Area Maintenance Expenses? | Explaining CAM For Businesses Leasing Commercial Space

When renting commercial space, a term you'll hear is common area maintenance. These expenses will affect your business when leasing space. Therefore, it is important to explain CAMs so you know what to expect.

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~ About the Video ~
In this video, Richard Mackay from Pocket Broker Commercial Real Estate describes common area maintenance expenses. Every business will face CAMs when renting commercial space. As a tenant, learn exactly what you'll pay when leasing space. Richard provides real estate tips to help business owners make educated decisions. He consults for businesses and investors. His advice helps reduce real estate expenses, avoid costly mistakes, and altogether guide people through the complex world of commercial real estate.

~Time Stamps~
0:00 Intro
0:59 What Are CAM Expenses?
1:35 CAM Expenses By Property Type
2:16 Calculating CAM Expenses
3:08 Paying CAM Expenses
3:30 End of Year CAM Credit or Payment
4:03 Looking For Space?
4:26 Outro