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Property management is the operation, control, maintenance, and oversight of real estate and physical property. This can include residential, commercial, and land real estate. Management indicates the need for real estate to be cared for and monitored, with accountability for and attention to its useful life and condition.
Typical duties expected of a property manager include finding/evicting, dealing with tenants, and coordinating with the owner's wishes. In addition, such arrangements may require the property manager to collect rents and pay necessary expenses and taxes, making periodic reports to the owner, or the owner may delegate specific tasks and deal with others directly.
Property Management Systems (PMS) or Hotel Operating System (HOS), under business, terms may be used in real estate, manufacturing, logistics, intellectual property, government, or hospitality accommodation management. They are computerized systems that facilitate the management of properties, personal property, equipment, including maintenance ...
CityWest Homes was an arm's length management organisation (ALMO) of Westminster City Council, London, England, established in April 2002 in order to manage its housing stock. [1] They managed over 21,000 properties which included council tenant and leaseholder homes in the London borough of Westminster and elsewhere. [2]
Housing refers to the usage and possibly construction of shelter as living spaces, individually or collectively. Housing is a basic human need and a human right, playing a critical role in shaping the quality of life for individuals, families, and communities, [1] As such it is the main issue of housing organization and policy.
The National Center for Housing Management, Inc. (NCHM) was created by the Secretary of the U.S. Department of Housing and Urban Development (HUD), George W. Romney, pursuant to an Executive Order of President Richard Nixon in 1972. [1]
The appointment of a managing agent can only be decided by a majority vote at a general meeting in accordance with section 27 as the Strata Schemes Management Act 1996. Agents carry out some or all of the functions or duties or powers of the owners corporation including administrative matters such as calling meetings and collecting levies. [8] [16]
The Northern Ireland Housing Executive's website cites its main functions as being: to regularly examine housing conditions and housing requirements; to draw up wide-ranging programmes to meet these needs; to effect the closure, demolition and clearance of unfit houses; to effect the improvement of the condition of the housing stock;