A real estate clause for a property I was investigating gave me sticker shock. I could easily calculate and understand the present value of a stream of loan payments for purchased space, and its comparison to monthly rental amounts on leased space. What surprised me was that the add-on charges alone for space owned in an office building could exceed the all-inclusive lease expense. The culprit was common area maintenance (CAM) fees.
9 Real Estate Clauses to Watch Out For
Posted by
sannwood under Finance
From http://www.openforum.com 4830 days ago
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