BOMA - Building Owners & Managers Association Practice Test
BOMA Lease Administration & Finance 2
What is a 'CAM reconciliation' in commercial lease administration?
Select your answer
A
Annual true-up comparing estimated CAM payments to actual expenses incurred
B
A review of common area maintenance work completed during the year
C
Monthly billing adjustment for common area maintenance changes
D
A landlord audit of tenant-reported sales for percentage rent leases
Hint