AMC Burbank Town Center CA: pro-rata share overcharge case study
A public-record retail CAM case study showing $27,000 in pro-rata share overcharges: landlord applied 13.5% instead of the lease-specified 12.0%.
What happened
AMC's lease at Burbank Town Center fixed its pro-rata share at 12.0% (36,000 SF / 300,000 SF). The 2021 reconciliation applied 13.5%, a 1.5-point discrepancy that, applied to $1,800,000 in operating expenses, produced a $27,000 overcharge. The lease contains no "subject to adjustment" language, making this a fixed-share violation.
Findings from the pipeline
Rule 4: Pro-Rata Share Error
high confidence
$27,000
Statement applies 13.5000% pro-rata share but lease specifies 12.0000%, resulting in an estimated overcharge of $27,000.00. Lease specifies a fixed share with no adjustment language.
Lease evidence
Tenant's Pro-Rata Share of Common Area Maintenance Costs: 36,000 RSF / 300,000 RSF = 12.00%. Exhibit A, Section 4.1.
Exhibit A, Section 4.1, page 7
Math proof
lease_share=0.12, stmt_share=0.135, difference=0.015, total_opex=1800000.00, overcharge=27000.00
Lease evidence
- Pro-rata share fixed at 12.00% (36,000 SF / 300,000 SF).
- No subject-to-adjustment language.
Why this matters
Pro-rata share errors are easy to make and easy to overlook: a transposed digit or outdated RSF figure in a spreadsheet template can persist for years. For high-operating-expense properties, even a small percentage point error creates substantial dollar overcharges.
Dispute letter draft excerpt
Request for Cooperative Review of Certain Line Items. The automated review flagged a pro-rata share discrepancy of $27,000.00 : statement applied 13.5% versus the lease-specified 12.0%.
Related Resources
Frequently Asked Questions
Check your own CAM statement against the lease
Upload your lease and reconciliation. CAMAudit applies the same rule set used in this public-record case study. Most audits complete in under 15 minutes.
Public-record note
This page summarizes public-record documents and CAMAudit output for educational and marketing purposes. It does not imply endorsement by CVS, Target, or any third party. Readers should review the underlying lease, statement, and dispute timeline for their own facts.
Need to extract lease terms before your audit?
A CAM audit is only as accurate as your lease data. lextract.io extracts 126 structured fields from any commercial lease PDF: CAM definitions, pro-rata share, caps, base year, and audit rights. So you have the exact terms your landlord is supposed to follow.
Go to lextract.io