Originally posted by @Cam Jimmy:@Tyrell Rutledge Just an FYI, the title company also legitimately pays off the old lender for you, and guarantees it!

My experience is you get  a reserve credit at closing from the seller for the items not working properly or reaching the end of their life expectancy.Even if tenants for example are base rent plus CAM and pay for it they hardly ever have the extra money on top of the estimated typical base CAM payments monthly.

Based on the CCR's, it appears that they manage the entire shopping center and then bill each parcel owner their separate piece of CAM charges and property tax.

Some retail center leases have CAM caps each year on how much expenses a tenant will pay.

My names cam, I'm 24 and currently live in northern Michigan. 

It tends to get smaller as size gets bigger the management fee just like multifamily.Also you have to read the leases and see if any caps on cam because tenants might be currently paying less and then you pay more and eats into your NOI as you do not get reimbursed above a certain amount by the tenants.3.

@Cam Lednar this just happened to me.

There is also a CAM license that they can get for 10+ unit properties but that's a bit different.  

Now I have received a huge CAM Reconciliation bill for the entire year of 2015.

If the tenants are on triple net (NNN), are they all paying their share of the common area maintenance (CAM) expenses and have they been updated regularly?