Property management

Property management is the operation, control, and oversight of real estate as used in its most broad terms. Management indicates a need to be cared for, monitored and accountability given for its useful life and condition. This is much akin to the role of management in any business.

Property management is also the management of personal property, equipment, tooling and physical capital assets that are acquired and used to build, repair and maintain end item deliverables. Property management involves the processes, systems and manpower required to manage the life cycle of all acquired property as defined above including acquisition, control, accountability, responsibility, maintenance, utilization and disposition.

Roles

Duties of property management generally will include a minimum of these basic primary tasks:

  • The full and proper screening or testing of an applicant's credit, criminal history, rental history and ability to pay.
  • Lease contracting or accepting rent using legal documents approved for the area in which the property is located.
  • Podcasts:

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    Latest News for: property management

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    Planning to sell your property? Here’s why timing it after April 1 makes financial sense

    Hindustan Times 23 Mar 2025
    New Bill clarifies carry forward of house property losses Improved Cash Flow Management. “If you are in the process of selling your property, then pushing it to the first week of April would help you ...
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    CM calls for action to preserve water resources for future generations

    The News International 23 Mar 2025
    The CM on Saturday said his government has launched an advanced digitisation initiative aimed at accuracy, security and efficiency in property records management, adds Salis bin Perwaiz.
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    The House: Climate change adaptation - Parliament asks the small questions

    RNZ 23 Mar 2025
    The flood-destroyed-houses theme from the debate is mirrored in the report, which is strongly focused on how to manage the predicted loss of private property. Private property is a "now" issue and one that voters care about a lot.
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    AP Strange SummaryBrief at 11:07 p.m. EDT

    The Call 23 Mar 2025
    The vigil was for an alligator named Walter who sunned beside a pond on the property for more than a decade. The management of Daniel Island Village near Charleston says Walter was killed on the property after several complaints over the past week.
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    Socialist mayoral candidate Zohran Mamdani a ‘hypocrite’ for accepting donations from real estate honchos

    New York Post 23 Mar 2025
    The Queens state senator received $1,000 from Mohannad Malas, who heads Dana Investment Corp., a California-based firm that develops and manages commercial and residential properties nationwide ... 4 ... Matthew McDermott ... lawsuit ... 4 ... IRA Capital ... ....
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    Outraged by poor property management service, China resident pays US$20 fee with 6,000 coins

    South China Morning Post 22 Mar 2025
    Property management staff take 3 hours to count mountain of coins after angry woman threatens to call police, experts say her actions ‘legal’ ... .
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    Water officials: Whittaker contamination expanding

    The Signal 22 Mar 2025
    The agenda for the Santa Clarita City Council meeting Tuesday includes the possible approval of a 10-year contract for monitoring wells on city property. The contract is between EHS Solutions and Whittaker Corp., which formerly owned the property.
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    Iowa legislature to consider energy bill, more property tax relief before sessions end

    The Hawk Eye 22 Mar 2025
    The legislature has proposed more property tax relief this year, including $426 million in property tax cuts ... Each year the Iowa Department of Management determines a rollback percentage that is applied to all property statewide.
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    UAE Property Market’s Institutional Investment Surge

    The Arabian Post 22 Mar 2025
    The adoption of property technology solutions, including AI-powered property management and blockchain-based transactions, has increased transparency and efficiency ... via UAE Property Market’s Institutional Investment Surge ....
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    Trump brand alternately loved, loathed worldwide

    Raw Story 22 Mar 2025
    But management at the property in the village of Doonbeg says the golf course is receiving record numbers of membership applications since its owner's re-election.- Luxury symbol -.
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    Fayette commissioners hold public hearing on solar farm ordinance

    Observer-Reporter 22 Mar 2025
    Commercial-sized solar farms have been a contentious topic throughout the county as residents have raised concerns about declining property values, safety, and the environmental impact these farms have as developers buy rural land for solar projects.
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    South Florida assisted living home accused of evicting dozens of residents to convert into luxury apartments

    Sun Sentinel 22 Mar 2025
    A South Florida Business Journal article says the LLC, managed by Tress, purchased the property for $39 million, but Tress said in an email that he “no longer manage(s) this property for ...
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    Local Social Security office could be caught in DOGE overhaul

    The Lewiston Tribune 22 Mar 2025
    But the bureaucracy that manages federal property didn’t walk back its intention to rightsize the federal real estate portfolio and said it is exploring “innovative approaches” to do so.
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    Japanese real estate firm Open House Group now accepts XRP for property payments

    Cryptopolitan 22 Mar 2025
    ... a means of payment for property ... Open House has major properties in key cities across Japan, while operating several businesses which include consultation, sales, development, and property management.
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    ‘You rose to power promising secular rule’: Muslim body declines Bihar CM Nitish Kumar’s Iftaar invite

    Hindustan Times 22 Mar 2025
    The bill aims to eliminate the 'waqf by user' provision, which recognises a property as Waqf if it has been used for religious or charitable purposes over a long period, even without official records.
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