Total Credits: 1.2 MCLE, 0.0 Kansas Credit
Common area expenses (CAM) are part of virtually every office and retail lease. These expenses cover everything from parking lots and reception areas to common meeting spaces and restrooms. In triple net leases, landlords seek to recover these expenses from tenants. This can be a significant component of a tenant’s lease expense. The scope of CAM, caps or other limitations, and audit rights are highly negotiated. Landlords and lenders are often reluctant to give any concessions. This program will provide you with a practical guide to negotiating and drafting CAM provisions in commercial leases.
Materials | Available after Purchase |