PM Flashcards
1
Q
maintain and enhance the property in order to cope with the market value
A
PROPERTY MANAGEMENT
2
Q
Project owner : (9)
A
- project developer
- construction and engineering
- sales and marketing
- documentation and legal
- customer care
- accounting & treasury
- procurement
- general services
- other support services
3
Q
Support group : (6)
A
- admin
- accounting, treasury & audit
- facilities management
- legal
- general services
- other services
4
Q
Site deployment: (5)
A
- property manager
- admin office
- facilities officer & engineer
- accountant
- admin assistant/ billings clerk
5
Q
Principal role of property management
A
maintain and enhance the property
6
Q
Basic property management services: (9)
A
- security and safety services
- general upkeep of common areas
- landscaping
- waste management
- community development
- repair and enhancements
- ground maintenance
- admin services
- pool services
7
Q
handles the construction
A
Contractor
8
Q
post construction (2)
A
- turn over
- operations
9
Q
Turn over is initiated by the
A
Developer
10
Q
Receives units
A
Turn over group
11
Q
Receives common areas
A
Property management
12
Q
Operations is handled by
A
Property management
13
Q
Property management is under
A
condominium corporation
14
Q
Provides professionally run property with highest standard of quality services
A
Property management
15
Q
After 50 years, condominium corporation property managers will decide if they will
A
- retrofit
- demolish
- sell
