CAM True-Up: The Annual Jump Scare
Broker: Base rent looks dreamy Landlord: NNN is just light housekeeping, ignore the fine print January CAM true-up: 15% admin fee + 105% gross-up + snow removal... in Miami 🤡 Tenant: Wait, didn’t we have a cap? Me at 1:47am in ARGUS + Excel: explaining why trash costs more than internet đź«
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