Virginia CAM Reconciliation Compliance Guide for Landlords
Statutory requirements, tenant audit rights, and landlord obligations for commercial CAM reconciliation in Virginia.
Primary Statute
Va. Code § 55.1-1200 et seq. (Virginia Residential Landlord and Tenant Act - commercial excluded); commercial governed by general contract law
Key Takeaway for Landlords
Northern Virginia's office vacancy (often 15-20%+) makes gross-up calculations material on nearly every lease. Make sure lease language clearly defines which expenses are variable for gross-up purposes.
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.
Regulatory Body
Virginia Real Estate Board
Virginia CAM Context
Virginia's commercial leases are governed by common law and contract terms. Northern Virginia (Tysons, Reston, Arlington) has a high concentration of office space. Post-pandemic vacancy has pushed gross-up calculations into routine use.
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