A well-crafted CAM (Common Area Maintenance) letter is essential because it sets the tone for transparency and professionalism in your relationship with tenants. The CAM Reconciliation informs tenants of their share of the operating expenses, and a clear, detailed letter helps avoid confusion or disputes. By sending a thorough and accurate CAM letter, you show tenants that you’re organized and attentive to detail, which builds trust. Moreover, a well-communicated reconciliation ensures that tenants understand the costs and reinforces the value of the services provided. It’s a key step in maintaining positive tenant relations and ensuring timely payments.
Remember to always verify your lease agreement or consult with your attorney before using any templates or letters.
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