The primary function of real estate property management is to operate
residential, commercial and/or industrial properties for owners who are unable or
unwilling to handle the details of renting, collecting rents, property maintenance
and repair, and record keeping associated with property ownership. In fulfilling
his responsibilities to the owner, however, the property manager cannot ignore
the obligation to seek accomplishment of the owner's goals regarding the
property, including his desire to maximize the profitability of the property and to
protect the owner from liability. The property manager is also charged with social
concerns, such as safeguarding the civil rights, health and safety of the tenants.