Property-Management

Common area maintenance refers to the costs of operating and maintaining shared portions of a property, often allocated among tenants in commercial settings.

A property inspection is a review of a property's condition, occupancy issues, or maintenance needs for leasing, management, or turnover purposes.

Terms that explain rent operations, occupancy tracking, maintenance oversight, and the records used to manage property performance.

A property manager is the person or company that handles leasing, rent collection, maintenance coordination, and day-to-day operations for an owner.

A rent roll is the record showing units, tenants, rents, lease terms, and occupancy details used to track property income.

Turnover costs are the expenses incurred to prepare a unit or space for the next occupant after a tenant leaves.

Vacancy rate is the share of a property's rentable units or space that is unoccupied during a stated period.