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<b<<i>In the Spotlight:</i></b> Cumulative CAM Caps
CAM caps are evil ' not in the traditional sense of Lex Luthor or the Joker, but inasmuch as evil can exist in a lease, it is inherent in a CAM cap. I know, I know ' yet another overly dramatic landlord's counsel whining about how the national tenants bludgeon him in lease negotiations. Perhaps, but a triple net lease is, by definition, intended to reimburse the landlord for all expenses in addition to minimum rent. Such a position, however, would make this article very short, and thus, the soap box remains in the trunk of the car for future lease negotiations. Indeed, a CAM cap, if cumulative and properly drafted and negotiated, can provide a practical and efficient compromise for the common struggle between landlords and tenants in negotiating CAM clauses.
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