LeaseCAM Reconciler
The 2025 CAM statement overbills the tenant by $88,431.07: $243,278.89 billed against $154,847.82 allowed under the lease; against $210,000.00 of estimates paid, $55,152.18 is due back to the tenant.
'Roof replacement' is a capital improvement or replacement, which Section 6.3(a) excludes from Operating Expenses, so all $412,000.00 comes out of the pool. At the lease share, $412,000.00 x 12,450 / 148,600 = $34,518.17 to the tenant.
Method1Exclusions: 5 lease exclusions read from the lease (Section 6.3(a), Section 6.3(b), Section 6.3(c), Section 6.3(d), Section 6.3(e)); a statement line matching one is removed in full.
2Gross-up: Variable expenses (utilities, janitorial and trash removal) grossed up from 78% actual to 95% occupancy: factor 95/78 - 1 = 0.217949.
| Item | Type | Landlord billed |
|---|---|---|
| Roof replacement | Excluded cost | $412,000.00 |
| Leasing commissions | Excluded cost | $58,300.00 |
| State franchise tax | Excluded cost | $26,900.00 |
Landlord CAM statement lines, plus the lease CAM terms
Disallowed charge schedule and a CAM audit claim letter (CAM audit claim letter, Disallowed charge schedule (CSV), Recomputed CAM pool (CSV))
$3,000 / month, 30% to the referring partner
Read in memory for the session, never stored, never used to train a model.
Letters, notices and legal analysis are drafts, not legal advice. Have a qualified lawyer review them before they are sent or relied on. Tax and accounting results are not tax advice. Rates, thresholds and rules change; confirm them with a qualified tax adviser or CPA.