PROPERTY MANAGEMENT

1. PROPERTY ACQUISITION

  • Conduct a professional appraisal.
  • Inspect the property for structural integrity.
  • Evaluate market trends and comparable properties.
  • Consider renovations or repairs needed.
  • Document findings in a detailed report.
  • Obtain the current title deed.
  • Check for any liens or encumbrances.
  • Confirm ownership through public records.
  • Engage a title company for thorough checks.
  • Ensure all ownership documents are current.
  • Hire a qualified environmental consultant.
  • Perform soil and water testing.
  • Assess for hazardous materials or pollutants.
  • Review historical land use for contamination.
  • Compile a report of findings and recommendations.
  • Consult local zoning maps and codes.
  • Identify allowed property usage types.
  • Check for any zoning restrictions or overlays.
  • Review potential for property development.
  • Engage with local zoning authorities for clarification.
  • Identify required permits for property use.
  • Prepare and submit permit applications.
  • Pay applicable fees for processing.
  • Follow up on application status regularly.
  • Ensure compliance with local and state regulations.

2. RISK ASSESSMENT

3. INSURANCE COVERAGE

4. PROPERTY MAINTENANCE

5. TENANT MANAGEMENT

6. CLAIMS MANAGEMENT

7. FINANCIAL MANAGEMENT

8. COMPLIANCE AND REGULATIONS

9. EMERGENCY RESPONSE PLAN

10. PERFORMANCE REVIEW

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