How should CAM reconciliations be managed?
Category:
Property Management – Property Owners
Where applicable under the lease, Common Area Maintenance (CAM) reconciliations should be accurate, well-documented, and completed in accordance with lease provisions. Property managers should maintain organized records supporting recoverable expenses and communicate clearly with owners regarding reconciliation status.
Accurate CAM administration promotes transparency while helping protect the property’s financial integrity.
Careful documentation today often prevents disputes tomorrow.