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Examples of services often billed to tenants as CAM charges include portering, parking lot striping, parking lot lighting, and landscaping. [1] CAM charges can be broken into two subcategories—controllable and uncontrollable. Uncontrollable CAM charges are taxes, security costs, utilities, and snow removal expenses.
In real estate, a land lot or plot of land is a tract or parcel of land owned or meant to be owned by some owner(s). A plot is essentially considered a parcel of real property in some countries or immovable property (meaning practically the same thing) in other countries.
In commercial real estate in the US, a building's loss factor is the percentage of the building's area shared by tenants or space that are dedicated to the common areas of a building used to calculate the difference between the net (usable) and gross (billable) areas.
Jaime Uziel knows that as a real estate attorney his clients depend on him to interpret the legalese that's part of any real estate transaction. He's happy to do that, he says, but he also tries ...
One advantage to fixing this parameter, as opposed to others such as height, width, or length, is that floor area correlates well with other considerations relevant to zoning regulation, such as total parking that would be required for an office building, total number of units that might be available for residential use, total load on municipal ...
A parking violation on streets is a traffic crime, resulting in fines. A parking violation on private land (also if owned by the city) is a contract violation and gives additional parking fee (Swedish: kontrollavgift = check fee). The difference is small for the car owner and the owner is always responsible.
Does this mean real estate commissions are now negotiable? Technically, real estate commissions always have been negotiable — a theme NAR long has stressed. Practically, though, the picture gets ...
Parking mandates or parking requirements are policy decisions, usually taken by municipal governments, which require new developments to provide a particular number of parking spaces. Parking minimums were first enacted in 1950s America during the post-war construction boom with the intention of preventing street parking from becoming overcrowded.