Property Managers Flashcards

1
Q

Historically property managers were the first group of people to be known as…

A

Estate agents

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2
Q

Why is the role of a property manager very different to that of a modern-day estate agent?

A

Because they manage, rather than sell, properties.

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3
Q

7 responsibilities of a property manager?

A

1.) Management of estates/groups of properties
2.) Screening tenants
3.) Management of tenants
4.) Property maintenance
5.) Management of employees who work on the estate
6.) Filing taxes

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4
Q

What are the main responsibilities of a property manager when managing tenants?

A
  • Dealing with issues
  • Collecting rent
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5
Q

What must a property manager have a good understanding of?

A

The laws regarding:
- Tenants
- Property safety standards

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