Question 1

What is the statute of limitations for CAM disputes in Raleigh?

Accepted Answer

North Carolina has a 3-year statute of limitations for written contract claims (N.C. Gen. Stat. § 1-52(1)). Raleigh tenants must act quickly - request an audit within 60-180 days of receiving reconciliation statements.

Question 2

What CAM overcharges are most common in Raleigh/Research Triangle leases?

Accepted Answer

Raleigh and Research Triangle Park commercial leases most frequently produce CAM cap calculation errors, pro-rata share errors as new buildings are added to campus pools, and management fee overcharges. Rapid lease execution in a hot market often leaves expense exclusion lists incomplete.

Question 3

How do Research Triangle Park office CAM charges compare to North Hills?

Accepted Answer

Research Triangle Park campus leases typically carry CAM rates of $6-8/SF with complex multi-building allocations. North Hills urban mixed-use leases carry slightly higher rates ($7-9/SF) with shared amenity and parking costs. Both submarkets produce significant audit findings.

Question 4

Does North Carolina's 3-year SOL mean I need to audit more urgently?

Accepted Answer

Yes. North Carolina's 3-year statute is among the shorter in the US. Building a calendar reminder to review each annual reconciliation within 60 days is the best practice. CamAudit can process your documents and identify overcharges in under 5 minutes.

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