GlossaryProperty management

What means Property management?

If you own investment properties or real estate">commercial real estate, you may consider outsourcing the management to a specialized company. This management includes various aspects such as reducing vacancies, maintenance, leasing, preventing squatting and rent arrears. They also handle security, minor repairs, renovations, and manage room and partial rentals. Specific agreements can be made with the property manager regarding the scope of services provided.