Hi Team, Happy Monday morning!
The CAM Fee is the Common Area Maintenance Addendum.
For properties in Texas, Georgia, and Florida:
- If the property is not sub-metered or direct metered, utilities (such as water, sewer, gas, etc.) are not charged Utilities.
- Therefore, there are no Utility Addendums.
- Note: Texas law prohibits Flat Rate RUBS.
- For sub-metered or direct metered properties, utilities (water, sewer, gas, etc.) are likely charged for Utilities, in addition to the CAM Fee.
For properties in Arizona and North Carolina:
- All properties are charged for utilities in addition to the CAM Fee.
The CAM Fee does not cover utilities:
- Consequently, the CAM Fee Addendum explicitly states that utilities are not included.
Please cease immediately and refrain from informing applicants or residents that the CAM Fee includes utilities.
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