Property Managers Flashcards
1
Q
Historically property managers were the first group of people to be known as…
A
Estate agents
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.
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
4
Q
What are the main responsibilities of a property manager when managing tenants?
A
- Dealing with issues
- Collecting rent
5
Q
What must a property manager have a good understanding of?
A
The laws regarding:
- Tenants
- Property safety standards
