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Updated over 6 years ago on . Most recent reply

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Howard Hendler
2
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Owner Responsibilities Over and Above Property Manager

Howard Hendler
Posted

Hello, 

I'm interested in understanding the responsibilities of a property owner that would not be handled by a property manager (or that would be a la carte items). For example, are the items below the responsibility of the manager, owner, or both? 

  • Sourcing insurance and handling claims 
  • Legal suits such as ADA, slip and fall, environmental, etc. 
  • Paying a mortgage, lender reporting, compliance with loan docs
  • Cash distributions to investors

What other tasks does a property owner have over and above a property manager's responsibilities?

Thanks

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