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The monthly fee real estate owners pay a property management company tends to cover most day-to-day expenses. However, some property management companies could charge one-time and a la carte fees ...
A homeowner association (or homeowners' association [HOA], sometimes referred to as a property owners' association [POA], common interest development [CID], or homeowner community) is a private, legally-incorporated organization that governs a housing community, collects dues, and sets rules for its residents. [1]
Property management is the operation, control, maintenance, and oversight of real estate and physical property. This can include residential, commercial, and land real estate. Management indicates the need for real estate to be cared for and monitored, with accountability for and attention to its useful life and condition.
A property manager or estate manager is a person or firm charged with operating a real estate property for a fee. The property may be individual title owned or owned under the sectional title, share block company owned, and may be registered for residential, commercial office, and retail or industrial use.
Strata management, sometimes known as "body corporate management", is a specialist area of property management involving the day-to-day operation and management of a property that is jointly owned and comprises multiple units, common areas and common facilities.
Certified Community Association Manager (CCAM) is a professional certification in property management earned through the Minnesota Multi-Housing Association (MHA) or the California Association of Community Managers (CACM). Those certified as a CCAM are deemed by the association to have obtained a certain level of professional competence in the ...
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