What you need to know – Landlords use the Operating Expense Reconciliation to, well, reconcile the difference between the money they projected you would pay as part of the Common Area Maintenance (CAM) fees and what you actually paid and owe them for that space for the year. Of course, landlords don’t go around waving a sign, reminding you of how much they need from you and what you’ll be paying to help upkeep the building during your lease so it’s crucial that you stay on top of tracking these expenses.
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