What is a key responsibility of a property manager?

Get ready for the Humber College Real Estate Exam. Utilize flashcards and multiple choice questions to enhance your preparation. Each question comes with explanations to ensure understanding and readiness!

A key responsibility of a property manager is overseeing regular maintenance and repairs of the property. This role is crucial because maintaining the property's physical condition directly impacts its value and appeal to tenants. Property managers are tasked with ensuring that the property remains safe, functional, and attractive, which involves coordinating with maintenance staff, contractors, and service providers to address any issues that arise promptly. They typically handle routine maintenance tasks, respond to tenant requests, ensure compliance with safety regulations, and implement preventative maintenance schedules.

Other responsibilities may include managing tenant relations, collecting rent, and ensuring that the property adheres to local laws and regulations. However, the core aspect of a property manager's role revolves around the upkeep of the property itself, making option B the most accurate representation of their key responsibilities.

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