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The property owner in this case signs a property management agreement with the company, giving the latter the right to let it out to new tenants and collect rent. The owners don't usually even know who the tenants are. The property management company usually keeps 10-15% of the rent amount and shares the rest with the property owner.
Benefits to homeowners may include maintenance and management services, provision of recreational amenities such as pools and parks, insurance coverage, enforcement of community appearance standards which may lead to higher property values, and the opportunity for members to plan development in accordance with community values.
In 2008, Kettler Management received the National Property Management Company of the Year award. In 2012, Kettler Management will add over 5,000 apartment units to its portfolio. As of February 2012 more than 550 people were employed by Kettler. In 2010 Kettler had an annual revenue of more than $407.5 million. [1]
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Land management is the process of managing the use and development of land resources. One aim of sustainable land management is to prevent or reverse land degradation . Another aim is to ensure water security by increasing soil moisture availability, decreasing surface runoff , and decreasing soil erosion . [ 1 ]
Social Right - All citizens deserve fair housing. It is the obligation of the state to provide society with the ability to own homes by intervening in the market. (ex. Rent controls, tenure legislation, housing allowances, public/cooperative housing provision, management of housing by public or non-profit corporations, etc.) An example that the ...
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