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The Lean Rent Playbook

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Copyright ©2022 Tango. All rights reserved. The Lean Rent Playbook: How to Avoid Hidden Occupancy Costs 4 1. CAM/OPEX overcharges Under the terms of your lease agreement, you're only responsible for some Common Area Maintenance (or operating expenses as it is called in office leases) and other facility-related operating expenses. But that doesn't stop additional charges f rom sneaking into your monthly invoices. Whether through deliberate effort or simple oversight, landlords often overcharge tenants for CAM/OPEX costs. These are hidden rent costs you don't have to pay—but enterprises wind up paying them all the time. Even just preventing an average of a couple hundred dollars in overcharges per lease can save your business hundreds of thousands of dollars annually. But if you don't have good visibility into your CAM clauses and other terms of your lease, it can be difficult to audit charges as they come up. Estimated cost: $100,000+ in overcharges The solution: With Tango's CAM/OPEX Reconciliation tool, we'll automatically audit and reconcile these expenses, preventing your landlords f rom overcharging you or forcing you to pay for expenses you aren't responsible for.

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