ISO 9001 is supplemented directly by two other standards of the family: 1  ISO 9000:2005 Quality management systems. Fundamentals and vocabulary. 2  ISO 9004:2009 Managing for the sustained success of an organization. A quality management approach.
Common Area Maintenance (CAM): This is the amount of additional rent charged to the tenant, in addition to the base rent to maintain the common areas of the property shared by the tenants and from which all tenants benefit. Examples include: snow removal, outdoors lighting, parking lot sweeping, insurances property taxes, etc.
Real Estate Investors commonly ask what properties marketed as Class A, Class B, and Class C mean, and why does it matter? To begin, investors, lenders and brokers have developed property classifications to make it easier to communicate amongst themselves about the quality and rating of a property quickly.