Property Management
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Property Management
There are many facets to this profession, including managing the
accounts and finances of the real estate properties, and participating
in or initiating litigation with tenants, contractors and insurance
agencies. Litigation is at times considered a separate function, set
aside for trained attorneys. Although a person will be responsible for
this in his/her job description, there may be an attorney working under a
property manager. Special attention is given to landlord/tenant law and most commonly evictions, non-payment, harassment, reduction of pre-arranged services, and public nuisance are legal subjects that gain the most amount of attention from property managers. Therefore, it is a necessity that a property manager be current with applicable municipal, county, state and Federal Fair Housing laws and practices.
What Does a Property Management Company Do?
Management companies deal directly with prospects and tenants, saving you time and worry over marketing your rentals, collecting rent, handling maintenance and repair issues, responding to tenant complaints, and even pursuing evictions.
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