Real Estate Management
Often real estate companies take on the role of real estate management. Occasionally they take on part of the role and at times they take the full responsibility for the property. Since each owner could have different needs, a good Real Estate Management company will often adapt to suit the owners needs.
Our New York Real Estate lawyers can help with Real Estate Management legal matters
Definitions:
Owner shall refer to any individual or entity that owns a building (i.e. landlord), or any board of directors of a cooperative housing corporation, any board of managers for a condominium, or any individual or entity that has been granted control of real estate by court order or decree
Manager shall refer to an individual manager who is in control and is responsible for the day-to-day operations of a property.
Management Company shall refer to an independent management company of which the manager is an employee, officer or director.
Tenant shall refer to rental tenants, cooperative shareholders, and condominium unit owners, as their interest appear.
Certified Property Manager is awarded by the Institute of Real Estate Management (IREM) of the National Association of Realtors to professional real estate managers who have distinguished themselves in the areas of experience, education, and ethical conduct. It is awarded only after rigid standards have been met.
Businesses Supplying Property Managers:
• Property management firms
• Full-service real estate companies
• Development companies
• Commercial banks
• Other employers: Corporations, Insurance companies, Colleges & Universities, Charitable organizations
There is no better manager for your real estate investment than someone who has both on-the-job training and the expertise of a Certified Property Manager. Put your investment in the hands of a qualified professional.
Our New York Real Estate lawyers can help with Real Estate Management legal matters
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