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What Is the Difference Between Property and Community Association Management?

Property management focuses on individual properties, while community association management oversees shared areas and enforces community rules. Community management services extend this by enhancing resident engagement, maintaining amenities, and organizing events. While all involve property oversight, property managers serve landlords, association managers support HOAs, and community managers foster a positive living environment for residents. To know more visit here https://elevatedsm.com.au/our-services/community-management/

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What Is the Difference Between Property and Community Association Management?

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  1. WHAT IS THE WHAT IS THE DIFFERENCE BETWEEN DIFFERENCE BETWEEN PROPERTY PROPERTY MANAGEMENT AND MANAGEMENT AND COMMUNITY COMMUNITY ASSOCIATION ASSOCIATION MANAGEMENT? MANAGEMENT?

  2. INTRODUCTION INTRODUCTION Property management handles individual properties, while community association and community management services oversee shared spaces, resident engagement, and amenities. Commercial strata management focuses on maintaining and operating business property complexes efficiently.

  3. Property Management Community Association Management Aspect Shared spaces and community relations Focus Individual properties Tenant relations, rent collection, maintenance Enforcing rules, managing common areas Responsibilities Property owners and tenants Homeowners, condo owners, association board Stakeholders Financial Management Rent collection, budgeting for property expenses Managing fees, community budgets, reserves Legal Compliance with property laws and regulations Enforcing community bylaws and local laws Responsibilities

  4. THANK THANK YOU YOU

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