Property Management is managing the property on behalf of the owners. It involves a wide range of tasks involved for proper upkeep of properties. The roles involved in the Property Management will vary depending on the type or Property – Residential, Commercial or Industrial etc.
The activities of Property Management are given below:
• Property Upkeep of Properties
• Tenant Sourcing
• Tenant Back Ground Check
• Rental Agreements / Lease Agreements
• Renewal of Agreements
• Property Inspections on Regular Basis
• Checking the Property when the Tenant Vacates the Property
• Calculation of Deduction as per the Rental Contracts
• Getting the Property Ready for New Tenant
• Follow up on Payment of Taxes
• Maintenance & Repairs