what are cam payments
It is a charge passed on by the landlord to the tenant for costs incurred by the landlord in maintaining the common area of the property. Examples of CAM expenses include maintaining parking lots and snow removal. CAM charges arise in the context of triple-net lease. If you have a triple-net lease, you most likely are required to pay property tax, building insurance and CAM charges. Typically, the client is assessed CAM charges based upon the percentage of space they occupy of the total property.