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Need to expand the definition - Property Management

[edit]

I think the definition should include some references to risk, sustainability, and energy management generally.

In Australia and in scholarly articles on the Emerald and Proquest Data Bases there are significant articles going back to 2002 which indicate a trend toward the importance of the risk management of buildings and those that occupy them.

For your consideration MAA KE LAUDE

Regards

Graham Gunner - Berkely Vale NSW Australia —The preceding unsigned comment was added by 58.105.112.51 (talk) 07:47, 9 January 2007 (UTC).[reply]

[edit]

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Listicle gold medal

[edit]

Perhaps the densest listicle lead I've ever seen on Wikipedia, and I've seen more than 50,000.

Property management is the

  • operation
  • control
  • maintenance
  • oversight

of

  • real estate
  • physical property

This can include

  • residential
  • commercial
  • land real estate

Management indicates the need for real estate to be

  • cared for
  • monitored

with

  • accountability for
  • attention to

its

  • useful life
  • condition

This is much akin to the role of management in any business.

Property management is the administration of

  • personal property
  • equipment
  • tooling
  • physical capital assets acquired and used to
    • build
    • repair
    • maintain
    end item deliverables.

Property management involves the

  • processes
  • systems
  • workforce

required to manage the life cycle of all acquired property as defined above, including:

  • acquisition
  • control
  • accountability
  • responsibility
  • maintenance
  • utilization
  • disposition

An owner of a

  • single-family home
  • condominium
  • multi-family building

may engage the services of a professional property management company.

The company will then:

  • advertise the rental property
  • handle tenant inquiries
  • screen applicants
  • select suitable candidates
  • draw up a lease agreement
  • conduct a move-in inspection
  • move the tenants into the property
  • collect rental income

The company will then

  • coordinate any maintenance issues
  • supply the owner(s) with
    • financial statements
    • any relevant information regarding the property

— MaxEnt 07:05, 11 October 2023 (UTC)[reply]

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