CAM Exclusions: What Landlords Usually Can't Pass Through
Every lease has its own list, but these are excluded from operating expenses in most commercial leases:
- Mortgage principal and interest, ground rent, and other financing costs
- Depreciation and amortization (except capital items the lease lets you amortize, such as cost-saving improvements)
- Capital improvements and replacements (roof replacement, parking-lot reconstruction)
- Leasing commissions, advertising for tenants, tenant improvements and legal fees for leases or disputes with tenants
- Costs reimbursed by insurance, warranties or other tenants
- Landlord's corporate overhead and salaries above the property-manager level
- Penalties and late fees caused by the landlord
- Costs for space that serves only one tenant
CamProof sets accounts named like these to Exclude when you import a ledger — mortgage, interest, depreciation, capital, commissions, legal, marketing, income and reimbursement accounts — and remembers your choices. Always confirm against the lease. Excluded totals stay out of every pool and are counted in the warnings so nothing silently disappears.