Hi Prospects & Friends!
Property managers manage and oversee the properties they manage whether residential or commercial properties, and they all have tenants and these managers are responsible for managing them and the properties these tenants are leasing. Property managers can be an:
- Individual
- Company
It all depends on the person managing the property whether they're a individual or a company. Majority of property managers are companies, while there are some property managers who work independently as individuals to their rentals. Either way the tenant/landlord rules don't change, because the property manager is acting solely as an individual property manager or as a property manager with a company. So understand these key facts here, and you will fare well with understanding these differences.
