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Knowledge Hub Article

What is Property Management?

Published

June 17, 2024

Knowledge Hub

Physical Security

Property Management

Property management is the comprehensive administration of residential, commercial, or industrial real estate. It aims to maintain and enhance the value of the property while providing a positive living or working environment for tenants. This includes a wide range of responsibilities such as tenant relations, rent collection, maintenance and repairs, and financial reporting. Property managers act as intermediaries between property owners and tenants, handling daily operations to relieve owners of these burdens.

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