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What is property management? definition and meaning

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Question added by hussam Alrayan , property Manager , Al-Rashed real estate
Date Posted: 2014/02/26
JAMES CHRISTIE
by JAMES CHRISTIE , Installation Manager , SMART GRAPHICS

Property management is the operation, control, and oversight of real estate as used in its most broad terms. Management indicates a need to be cared for, monitored and accountability given for its useful life and condition. This is much akin to the role of management in any business.

Property management is also the management of personal property, equipment, tooling and physical capital assets that are acquired and used to build, repair and maintain end item deliverables. Property management involves the processes, systems and manpower required to manage the life cycle of all acquired property as defined above including acquisition, control, accountability, responsibility, maintenance, utilization and disposition

Maybe it will help someone if I share my experience with brea property management to manage my property. I'm extremely satisfied with their work. Thanks to their work, I no longer waste time on tenant agreements. I have been spared all the paperwork, but nevertheless I have always been informed about all the transactions related to my property and can follow all the processes through their user-friendly system. If you are looking for a reliable partner for property management in the Brea area, I definitely recommend Genuine Property Management!

Deleted user
by Deleted user

 

The process of managing property that is available for lease by maintaining and handling all the day-to-day activities that are centered on the piece of real estate. Property management may involve seeking out tenants to occupy the space, collecting monthly rental payment, maintaining the property, and upkeep of the grounds. Apartment complexes are handled by some type of property Management Company.

 

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