Examples of common excluded CAM charges … certain items should be specifically excluded from operating expenses: electricity that serves tenants' spaces (the landlord recovers this from each tenant individually), executive salaries, consulting fees, market study fees, commissions and advertising costs, initial landscaping costs, and structural repairs or replacements.
In this 6-minute video our speaker, Marc. H. Goldsmith, reviews these common included and excluded CAM charges as well as many others.
Marc H. Goldsmith, Counsel with McGuireWoods LLP’s Los Angeles, CA office. His practice focuses on commercial leasing and commercial real property purchase and sale transactions, as well as condominium law. He is responsible for negotiating, drafting and reviewing various real estate contracts for retail, office and industrial uses, including leases, purchase/sale agreements, easements, licenses, deeds of trust, subordination agreements, and amendments. Mr. Goldsmith serves as general corporate counsel to numerous nonprofit homeowners associations, business and mixed-use condominium associations, timeshare associations, and for profit entities.
Agenda
Faculty
Marc H. Goldsmith
The Law Offices of Marc H. Goldsmith
- Partner at The Law Offices of Marc H. Goldsmith
- Specializes in representing condo associations and commercial leasing
- President of The Summit on Sixth Homeowners Association and former Board President of the Greater Los Angeles Chapter of the Community Association Institute
- Member of the California State Bar and California Lawyers Association
- Awarded the Hall of Merit Award by the Greater Los Angeles Chapter of the Community Association Institute
- Volunteer Attorney, Bet Tzedek small business program
- Certified Mediator from Asian Pacific American Dispute Resolution Center
- J.D. degree, University of Minnesota Law; M.P.S. degree, University of Minnesota
- Can be contacted at (213) 375-7658 or [email protected]
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