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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.
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.
Building superintendents often get discounts in their rent or free rent plus a salary in exchange for their services. The amount of compensation they receive is usually proportional to the size of the building. The superintendent or resident manager may report to the landlord or a property manager for any problem outside his or her control.
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Certified Apartment Manager (CAM): Course training covers management of residential issues, legal responsibilities, human resource management, fair housing, marketing, property maintenance for managers, risk management and fiscal management. Certified Apartment Portfolio Supervisor (CAPS): An in-depth review of property management principles ...
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.
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