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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 maintenance relates to the upkeep of a home, apartment, rental property or building and may be a commercial venture through a property maintenance company, an employee of the company which owns a home, apartment or a self-storage pastime for example day-to-day housekeeping or cleaning.
General Preventive Maintenance Checklist For Rental Properties. In most cases, the preventive maintenance required varies depending on the type and location of the rental property.
Building superintendents often get discounts in their rent or free rent plus a salary in exchange for their services. The amount of compensation they receive is usually proportional to the size of the building. The superintendent or resident manager may report to the landlord or a property manager for any problem outside his or her control.
A handyman working on a door frame. A handyman (abbr. HNDMN), [1] also known as a fixer, [2] handyperson [3] [4] or handyworker, [5] [6] maintenance worker, maintenance man, repairman, repair worker, or repair technician, [7] such as basic carpentry, plumbing, minor electrical wiring and property maintenance, wide range of repairs, typically for keeping buildings, shops or equipment around the ...