Commerical and Residential Property Managment

By: Castlehill Trading 429 CC  03-15-2010
Keywords: Property Management

A.        COMMERCIAL MANAGEMENT

a)        Letting and marketing  of Vacant office space

b)        Create and Management of Lease Agreements

c)        Safekeeping of Security deposits.

d)        Monthly rental invoicing.

e)        Monthly rental and collection.

f)         Monthly Operational costs collection

g)        Depositing of rental into the owner’s account by the 14th of each month.

h)        Bi-weekly Site inspections.

i)         Operations Management eg. Building Contractors, cleaners, security, etc.

j)         Contract Management eg. Lifts, Cleaning, sanitary

k)        Tenant Installations

l)         Parking Management.

m)      Deal directly with tenants complaints

n)        Tenant meetings

Only applicable to more than 3 Tenants

o)        Budget Compilation

p)        Rental Forecasting

q)        Financial Reports

B.        RESIDENTIAL MANAGEMENT

a)        Marketing/Advertising of Property for potential tenant eg. Via  internet, after hours viewing (what is suitable for the client)

b)        Short listing of Applicants

c)        ITC and reference checks on applicants

d)        Present short list to Owners for approval

e)        Ensure that your apartment is safe kept until a new tenant move in.

f)         Create and Manage Lease Agreement between Owner and tenant

g)         Create and Manage House Keeping rules

h)        Safekeeping of Security deposit.

i)         Monthly rental invoicing.

j)         Monthly rental collection.

k)        Depositing of rental into the owner’s account by the 14th of each month.

l)         Bi-weekly Site inspection.

m)      Audit of movable property.

n)        Manage communication between owner and tenant.

o)        Maintenance management eg. Plumbing, electrical, etc

 

Keywords: Property Management

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