Property management means leasing or renting, or offering to lease or rent, real property of others for a fee, commission, compensation, or other valuable consideration pursuant to a property management employment contract.
Property management means the overall management of real property for others for a fee, compensation, or other valuable consideration, and may include the marketing of property, the leasing of property, collecting rental payments on the property, payment of notes, mortgages, and other debts on the property, coordinating maintenance for the property, remitting funds and accounting statements to the owner, and other activities that the commission may determine by administrative regulation;
Property management means any activity associated with the care or maintenance of land or improvements, including business planning and budgeting, accounting, lease administra- tion, tenant relations and retention, security, maintenance of com- mon areas, rent collections, financial reporting, service contract administration and inspections.
Examples of Property management in a sentence
Property management forms such as the Compensation Agreement – Owner/Listing Broker to Tenant’s Broker (CAOT-1), Exclusive Property Management Agreement (EPM-6), Notice from Landlord to Tenant – Termination for Failure to Pay Rent (FPR-4), and Notice from Landlord to Tenant are also available to manage properties effectively.
Property management standards set forth in 2 CFR 200.310 through 200.316 applies to this Agreement.
More Definitions of Property management
Property management means engaging in, with the expectation of receiving valuable consideration, the management of real estate owned by another person or advertising or otherwise claiming to be engaged in property management by:
Property management means the marketing, leasing, or overall management of real property for others for a fee, commission, compensation, or other valuable consideration.
Property management means taking actions to obtain, administer, protect, and dispose of real and personal property, intangible property, business property, benefits, and income and to deal with financial affairs.
Property management means the preservation, transfer or disposal of property, including lease or sale of managed assets, consistent with the preservation or enhancement of military facilities in Arizona. Includes any structural reno- vations, construction of building modifications or improvements that mitigate or attenuate impact in high noise or accident potential zones, or removal of structures or improvements that are necessary for acquisition of private prop- erty for the purpose of protecting a military installation.
Property management means the overseeing of real property owned by another person, by ensuring the proper administration of the real property and the preservation of its value, including—
Property management means the day-to-day professional management services in connection with the Partnership's properties. Property management fees paid by anyone to anyone may not exceed the lesser of (i) the competitive rate, or (ii) 5% of actual gross receipts collected and received from all sources. On site personnel for maintenance, etc., will be paid by the Partnership. Property management services must be rendered pursuant to a written agreement which precisely describes the services to be rendered. Such agreement may only be modified by a majority in interest of limited partners, and may be terminated by majority vote or consent of the limited partners following sixty days prior notice thereof by the limited partners.
Property management. This scenario is a little more complex, as described here: • A property owner may delegate the management of the property to another through an agency agreement. In this case, the application is in the name of the owner entity, but it is signed by the agent entity on behalf of that owner entity. Both entities must be included, with the proper signature, per the organization type of the agent. • The property owner may simply sign on its own behalf. • The property management company may manage multiple properties owned by different owner entities by signing a single document in its own name with no reference to the individual owners. Separate accounts may be established for bookkeeping purposes, by referencing the property on a separate address line.