Absolute Net Lease tenants face specific billing risks tied to how expenses are allocated and reconciled. The most common error appears in the section below. CAMAudit runs 14 forensic detection rules on your reconciliation statement to identify every recoverable dollar.
Landlords charging management or administrative fees despite the tenant performing all property management functions. Because the tenant handles everything, there is no justification for any landlord overhead charge. Any management fee appearing on an absolute net lease is a direct overcharge.
The most extreme form of net lease in which the tenant assumes 100% financial responsibility for all property costs, including structural elements such as the roof, foundation, and exterior walls that are typically the landlord's responsibility under a standard NNN lease. The tenant essentially manages and maintains the property as if they owned it. Absolute net leases are typically used for single-tenant, investment-grade corporate facilities.
Tenant pays: all operating expenses (taxes, insurance, CAM, management, utilities, maintenance) AND all capital costs including roof replacement, foundation repair, structural improvements, ADA compliance upgrades, and environmental remediation. Landlord receives net rent with virtually no financial obligations.
No landlord CAM billing, the tenant typically pays vendors directly for all services. There is no annual reconciliation because the tenant manages all expenses. Ground rent (if applicable) is the primary landlord-receivable, plus any base rent.
Upload two PDFs. 14 detection rules. Under 15 minutes. Free.
Eliminate all landlord administrative or management fees, zero justification exists when the tenant self-manages. Review any landlord invoices carefully; the tenant should be paying vendors directly with no landlord intermediary. If ground rent applies, verify the escalation formula matches the lease and that any "fair market" reset has been calculated using a bona fide appraisal.
Upload two PDFs. 14 detection rules. Under 15 minutes. Free.
Next Best Step
Walk through the full audit steps before you upload your lease and CAM statement.
Review the audit process before you upload your lease and reconciliation.
Preview the proof page before you upload.
Run the free audit when you want documented findings.
Ready to skip the reading and document the overcharge directly?
Find My OverchargesNeed to extract lease terms before your audit?
A CAM audit is only as accurate as your lease data. lextract.io extracts 126 structured fields from any commercial lease PDF: CAM definitions, pro-rata share, caps, base year, and audit rights. So you have the exact terms your landlord is supposed to follow.
Go to lextract.ioThis page provides general educational information. It is not legal advice and may not reflect the most current law in your state. Consult a licensed attorney for advice specific to your situation.
