Utah CAM Reconciliation Compliance Guide for Landlords
Statutory requirements, tenant audit rights, and landlord obligations for commercial CAM reconciliation in Utah.
Primary Statute
Utah Code § 57-22-1 et seq. (Fit Premises Act - primarily residential); commercial governed by general contract law
Key Takeaway for Landlords
Utah's growing economy and annual full-market reassessment mean property tax CAM costs can rise significantly year over year. Silicon Slopes growth has made the Utah County corridor an increasingly active commercial market.
Reconciliation Timing Requirements
No statutory deadline for commercial CAM reconciliation.
Tenant Audit Rights
No statutory commercial tenant audit rights.
Required Disclosures
No statutory commercial CAM disclosure requirements.
Penalty Provisions
No CAM-specific penalties for commercial leases.
Regulatory Body
Utah Division of Real Estate
Utah CAM Context
Utah assesses commercial property at 100% of fair market value with annual reassessment. Salt Lake City and the Silicon Slopes corridor (Lehi/Provo) are the primary commercial markets. Utah's strong economic growth has driven rapid commercial development and rising property values.
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