Clarifying property management.
In Alberta, both property managers and condominium managers oversee real estate, but they have different responsibilities and serve different clients.
Property Manager
A property manager typically manages rental properties on behalf of an individual owner or real estate investor.
Their role includes:
- Finding & Screening Tenants – Marketing rental properties, conducting background checks, and securing leases.
- Collecting Rent & Handling Finances – Managing rental payments, security deposits, and financial reports.
- Property Maintenance & Repairs – Coordinating repairs, inspections, and ensuring the property remains in good condition.
- Legal & Compliance Matters – Handling eviction processes, lease agreements, and ensuring compliance with landlord-tenant laws.