What is the name of your state (only U.S. law)? Florida
I leased space in a strip shopping center for my business, and began paying rent in October 2007. At the end of June 2008, I received a bill from the landlord telling me I owed an extra $2700 for "CAM Recoveries" and associated sales tax. According to my lease, they need to send me a statement showing the total CAM expense for the shopping center and my proportionate share. I called and asked for the statement, which they mailed me. The amount they quoted for "Total CAM Expense" seemed a little high, so I checked with some of my neighboring tenants. What I found, is that several of them had received the same statement, except that the "Total CAM Expense" quoted was different (so far, I have seen 3 different versions of the Total CAM Expense). My question is: Shouldn't Total CAM Expense be the same for everyone in the same shopping center? The proportionate share owed by each tenant I know is related to the square footage, but the Total CAM shouldn't change, right?
I have requested a detailed accounting of the CAM expenses for my review and am waiting for a response, but wanted to get an opinion on whether the landlord is doing something illegal.
I appreciate any input/feedback on this situation.
Thank you!What is the name of your state (only U.S. law)?
I leased space in a strip shopping center for my business, and began paying rent in October 2007. At the end of June 2008, I received a bill from the landlord telling me I owed an extra $2700 for "CAM Recoveries" and associated sales tax. According to my lease, they need to send me a statement showing the total CAM expense for the shopping center and my proportionate share. I called and asked for the statement, which they mailed me. The amount they quoted for "Total CAM Expense" seemed a little high, so I checked with some of my neighboring tenants. What I found, is that several of them had received the same statement, except that the "Total CAM Expense" quoted was different (so far, I have seen 3 different versions of the Total CAM Expense). My question is: Shouldn't Total CAM Expense be the same for everyone in the same shopping center? The proportionate share owed by each tenant I know is related to the square footage, but the Total CAM shouldn't change, right?
I have requested a detailed accounting of the CAM expenses for my review and am waiting for a response, but wanted to get an opinion on whether the landlord is doing something illegal.
I appreciate any input/feedback on this situation.
Thank you!What is the name of your state (only U.S. law)?