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Property management
KES Property Management
| Term | Definition |
|---|---|
| Budget Comparison Statement | |
| Cash flow report | |
| Corrective maintenance | |
| Management agreement | A contract creating general agency between the property manager and the owner |
| Management plan | |
| Multi peril policies | |
| Operating budget | |
| Preventative maintenance | |
| Profit and loss statement | |
| Property manager | Manages property for another (collects rent, accounting, maintenance) |
| Risk management | |
| Routine maintence | |
| Surety bond | |
| Tenants improvements | |
| Workers' compensation acts |