CAM Reconciliation Services for Landlords
As a landlord, it's crucial to accurately recover your operating expenses from your tenants. At PreludeSys, we understand the importance of this financial accuracy. Our CAM reconciliation services are designed to ensure correct expense allocation to tenants, providing transparency in expense reporting. This not only maintains a sound relationship with your tenants but also prevents financial discrepancies that could lead to disputes.
CAM Audit Services for Tenants
For tenants too, understanding and validating CAM charges is of paramount importance. We provide comprehensive CAM audit services that instill confidence in tenants, assuring them they’re paying their fair share of the building’s operating expenses. Through a thorough examination of CAM charges, we ensure they align with lease terms. Additionally, we identify any overcharges and help you optimize business expenditure.
Our Approach to CAM Reconciliation
Our CAM reconciliation process involves a rigorous audit of actual operating expenses against budgeted costs. We review the allocation of expenses as per the terms of each lease and verify the accuracy of invoices and receipts to ensure compliance with lease caps and other restrictions.
Benefits of CAM/NNN Reconciliation Services
- Accurate recovery of operating expenses
- Transparency in expense reporting
- Prevention of financial discrepancies
- Maintenance of a sound landlord-tenant relationship
- Simplify the process of calculating end-of-year reconciliation charge
CAM Audit Services
Our CAM audit services focus on validation and savings. We confirm that all charges align with the lease terms, identify overcharges, and recover due refunds. Our detailed audit reports ensure complete comprehension of the CAM costs.
With our CAM Audit Services, Tenants can expect
- Cost Savings
Identify overcharges or inefficiencies to reduce operational costs. - Legal Compliance
Stay in compliance with lease agreements and regulations. - Transparent Reporting
Receive clear, comprehensive reports for confident decision-making. - Peace of Mind
Resolve CAM-related disputes amicably and fairly.