Not exact matches
In a triple net, or NNN, lease, the landlord bills separately for taxes, insurance, and operating
expenses or common
area maintenance, or CAM.
The awards, which are given out annually, consider eight major
areas of
expense — financing, fueling,
maintenance, repairs, insurance, fees and taxes, depreciation, and opportunity cost — and analyze 28 different life cycle cost scenarios to yield an accurate picture of each vehicle's true total average cost.
Once homeowner
expenses like the mortgage, property tax, insurance and
maintenance are calculated, it costs more to buy in your
area than to rent.
If shared
areas need upkeep and
maintenance, your association will typically handle the
expense through their commercial insurance package.
If shared
areas need upkeep and
maintenance, your association will typically handle the
expense through their insurance package.
Provided financial reporting and analysis of common
area maintenance (CAM)
expense; established long range plan; ensured proper GAAP treatment of
expenses; created and developed ad hoc reporting; developed and maintained relationships with internal and external partners; conducted common
area maintenance reconciliation and budget reviews; assisted Senior Accountants with new store audits.
¥ Maintained a list of all necessary hotel repairs and noted when repairs were completed ¥ Ensured that floors and guests
areas were kept free of potential hazards ¥ Maintained a database of all repairs and tracked all related
expenses ¥ Performed daily inspections to identify potential
maintenance issues ¥ Took care of lawn and garden care throughout the year ¥ Periodically inspected hotel and casino facilities ¥ Inspected spa and pool
areas.
Large apartment buidlings will have some extra
expenses as compare to a SFR like common
area maintenance, trash, lawn care, etc..
ADAM works in stand - alone mode or in conjunction with the VP Retail Edition, and is used to identify discrepancies in pass - through operating
expenses from landlords in common
area maintenance (CAM), insurance and taxes.
Additional Rent, you further explain, means that the tenant assumes all
expenses of operating the property, including both fixed and variable
expenses and any common
area maintenance that might apply.
Triple Net (NNN)-- The tenant pays a fixed rental amount each month but assumes majority of the
expenses related to the property including but not limited to: real estate taxes, Common
Area Maintenance (CAM's), and Insurance for the property (prorated share if not occupying entire premises).
Common
Areas Those portions of a building, land, and amenities owned (or managed) by a planned unit development (PUD) or condominium project's homeowners» association (or a cooperative project's cooperative corporation) that are used by all of the unit owners, who share in the common
expenses of their operation and
maintenance.
This covers
expenses such as exterior building
maintenance, snow and garbage removal, landscaping, common
area insurance, management fees, and reserve fund contributions.
Hello Bill, We live in a rural
area and share a leachfield (
maintenance expenses included) with a large family next door.
Regular assessments are easily understood: they are the fees that are needed from all the condo owners in order to pay for the usual condo budget
expenses (e.g., common
area needs like pool
maintenance, etc.).
Rentals held long term will be looking at cash flow,
maintenance allocations, management
expenses, vacancy rates will often be known down to an
area of town.
Looking at listing may not need full rehab, new roof and water heater done, 3br in neighbor run 900 to 1000, rehab for low
maintenance, try to buy as low as you can, look at comps, probably could go in as low as 38 - 42 with good agent and stress as is, maybe a few agents here to help, get one to give you good numbers not listing agent numbers, street is a nice one for
area, not much back yard or parking but nice front, before you close make sure vacant contingent, if numbers work I would do it, the are predicting an abundance of rentals avail next year with building craze but keeping
expense low you should be safe, remember don't rehab as if you are living there, think durable and repaintable, number should go into systems and structure first, elect, heat, walls, windows, floors, plumbing, if you use a contractor go with one you know or work with someone in
area to keep an eye on progress, good luck at least you know some of the history of the property
Common
Areas outside of the building
area are rarely incorporated into the Leasable Area and are typically addressed to clarify other maintenance and tax expen
area are rarely incorporated into the Leasable
Area and are typically addressed to clarify other maintenance and tax expen
Area and are typically addressed to clarify other
maintenance and tax
expenses.
Depending on the size of the property your Ready RE agent will go above and beyond to find out and compare
maintenance costs, yearly taxes, water charges, common
area electrical and gas
expenses.