D
A CAM cap that generally applies after operating expenses have been calculated or allocated to a tenant.
A downstream cap generally applies after operating expenses have been calculated or allocated to a tenant. The sequence in which a cap is applied can change the final tenant charge.
Two calculations using the same expense data may produce different results depending on whether the cap is applied before or after allocation, exclusions, gross-ups or other adjustments.
REAL
REAL extracts and structures this field from your documents so your team can act on it — no manual abstraction required.