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Updated almost 8 years ago on . Most recent reply

Tim Allen's profile image
Tim Allen's profile image
Tim Allen
  • from Phoenix, Arizona
  • Member since May 4, 2017
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Tim Allen's profile image
Tim Allen's profile image
Tim Allen
  • from Phoenix, Arizona
  • Member since May 4, 2017
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Tim Allen
  • Phoenix, AZ
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Commercial Real Estate Investing

Stale Cam Charges on Commercial Building

Tim Allen
  • Phoenix, AZ
Posted

The owner (or property manager) of large commercial building failed to properly collect CAM charges going back 4 years.  The leases typical provide for a yearly reconciliation statement from the Landlord and a re-adjustment of monthly CAM estimates.  None of this was done.  How far back is it reasonable to allow the owner to seek stale CAM charges?   

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