Question

The maintenance of common facilities, security, advertising, and special events to attract consumers are handled by the shopping center management and are covered under ________ costs

Answer 1

Answer:

The correct answer is common area maintenance.

Explanation:

Maintenance costs for common areas are charges (on rent) to tenants for the maintenance costs of lobbies, rest rooms, parking lots, patios and other common areas.

The conservation and maintenance of the building is one of the obligations that every community of owners must fulfill by Law. Sometimes, the neglect or the lack of liquidity in the communities, prevents the necessary conservation work.