The concept of property maintenance can be defined by the task of maintaining and upkeeping a facility and its surrounding property in their entirety. The property can be an apartment, a house or even a piece of land which requires regular visits, maintenance and care. The caretakers of the properties can be superintendents or even landlords who have authority to make decisions regarding refurbishing, restoring and repairing the property.
Areas of responsibility-
Real estate property managers have four major areas of duty which include:
- Tenant and occupancy
- Facility management
- Risk management and administration of the entrusted building and property.
- The marketing and financial engagements of the property.
What is good property maintenance?
Property maintenance includes a lot of maintenance work as well as cleaning and repairing of faulty electric lines, pipelines, repairing of shared spaces like a foyer, hallway or staircase or even the laundry room. If someone is given the charge of a house, his duty includes but is not limited to the complete maintenance of the house, basement, garden, pavements as well as lawns. Hence for a complete maintenance of office buildings and commercial spaces one needs to do extensive work which includes shoveling snow from the walkways and driveways, painting pavements and steps, mowing lawns, salting the walkways and paint the fences. This is of course too much work for any human being, hence most landlords and building superintendents take the aid of trades people for the repairs that include roofing, plumbing and electric wiring.
What defines a property maintenance manager?
So in reality, a property maintenance manager is a personality whose main job is to handle the daily affairs of any real estate investment. There are a lot of nuances to their jobs besides the aforementioned responsibilities. in any unethical ways that goes beyond the custom of common courtesy.
- They are responsible for tenants: One of the
many jobs they are entrusted with is to manage the tenants on a
property. Hence this part of their job includes-
- Finding suitable tenants.
- Screening prospective tenants from a primary list.
- They also have the responsibility of handling leases, complaints and emergency situations.
- They have the authority to deal with evictions.
- A working knowledge of the latest Landlord-Tenant Law:
All efficient property managers should have a thorough working
knowledge of all landlord-tenant laws that have been passed and are
in action. It has a number of advantages, including-
- Handling security deposits.
- Terminating active leases.
- Evicting tenants following complaints or notices.
- Screening a tenant.
- And of course remaining in accordance with the safety standards..
- Should know his way around tax returns and budget management: Property managers hold more responsibilities than taking care of tangible property. They need to be responsible about the property taxes, the electric bills, water bills and repair costs.