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CAM fees, short for Common Area Maintenance fees, are charges that people pay when they rent a space in a shopping center or office building. These fees help cover the cost of keeping the shared spaces, like parking lots and hallways, clean and well-maintained.
For example, if you rented a store in a mall, you'd have to pay CAM fees to help take care of the mall's shared areas, like keeping the lights on in the hallways and having the floors cleaned.
"Wit & Whimsy with the Dumb Ox: Unlocking Knowledge with Rhyme:"
In the land of shops and office towers,
Folks must pay fees for shared space hours.
CAM fees they're called, as you'll come to see,
For Common Area Maintenance, a small fee.
A store in a mall or an office in town,
Must pay these fees, to keep shared spaces sound.
For clean floors and lights, and gardens so green,
CAM fees are paid, to keep spaces pristine.