As a Property Manager, we are responsible for ensuring a fair deal between landlords and tenants by balancing their needs. The negotiation process determines rent prices, sets the lease duration and agree on other key terms.
Upon signing of a lease, we make sure that the terms of the lease are followed to the letter. This can include anything from the payment of rent and service charge to repairing obligations and serving of notices. Lease administration is one of the key components of proper property management. Knowing the important terms, timing, clauses, and stipulations, means that your property manager understands the commitments between the parties.