Property Manager

Responsible for Maintenance and Repairs
Property managers are responsible for the physical management of the property, including regular maintenance and emergency repairs.

Maintenance- they are in charge of performing preventative property maintenance to keep the property functioning in top condition.
Repairs-when there is an issue, the property manager must attend to it themselves or must hire someone to attend to it. They often have a large network of reliable plumbers, electricians, carpenters and other contractors.
Responsible for Knowledge of Landlord-Tenant Lease Agreement and afferent terms, conditions and obligations of parties, like:

Screen a tenant
Handle security deposits
Terminate a lease
Evict a tenant
Comply with property safety standards
Responsible for Supervising

Other Employees- if there are other employees/subcontractors in the property, the property manager is responsible for making sure they are doing their job.
Vacant Properties- property managers are often hired to look after vacant properties to make sure there has been no vandalism and to perform routine maintenance. They also make sure contractors and other repairmen are completing their work in a timely manner.
Responsible for Managing the Budget/Maintaining Records

Property managers are responsible for managing the budget for the building and maintaining all pertinent records.

Managing Budget- the manager must operate within the set budget for the building. In certain emergency situations when the occupants (tenants) or physical structure (investment property) are in danger, they may use their discretion to order repairs or likewise without concern for the budget.
Maintaining Records- the property manager should keep thorough records regarding the property. This should include all income and expenses; list of all inspections, signed leases, maintenance requests, any complaints, records of repairs, costs of repairs, maintenance costs, record of rent collection and insurance costs.

Responsible for Tenants
One of the main responsibilities of the property manager is to manage tenants. They are involved in all capacities, from finding the tenants and dealing with complaints to initiating evictions.

.        Screening Tenants – they are responsible for sorting through the prospective tenant applications to find the tenant that is the best fit for your property.

.        Handling Leases – they are responsible for making sure the Lease has all the necessary provisions to protect the owner. This includes determining the amount of security deposit required.

.        Handling Complaints/Emergencies- they are paid to deal with maintenance requests, noise complaints and have the necessary contacts to handle emergency situations.

.        Handling Move Outs-when a tenant moves out, the manager is responsible for inspecting the unit, checking for damages and determining what portion of the security deposit will be returned to the tenant. After move out, they are responsible for cleaning the unit, repairing any damages and finding a new tenant.

.        Dealing With Evictions –when a tenant does not pay rent or otherwise breaches the terms of a lease, the property manager understands the proper way to file and move forward with an eviction.