Chapter 19 Property Management

Question 1

What is a property management?

Answer 1

The oversight of property.

Question 2

What task does a property management team include?

Answer 2

Leasing, selling, rent collection,marketing,budgeting, tenant relations and property improvement.

Question 3

What is the goal of a property manager?

Answer 3

To produce the greatest net retire for the owner and protect and increase the value of the owners investment.