Overseeing the Management of Properties by Property Management Companies in Ontario
26 November 2019
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Property management companies in Ontario care for and monitor their properties. They are responsible for the condition and the life of the building. They are responsible for all the equipment and physical assets within the property. If it is a commercial or rental property, the property managers will advertise, screen tenants, make lease agreements, and collect the rents. All maintenance issues or legal issues related to the property are taken care of by them. The owner pays the company a fee for their charges. The property manager takes care of all maintenance and ensures that the property generates an income for the owner.
