Property management is the process of monitoring and controlling the use of real estate, including residential homes, commercial buildings like shopping malls and offices. Even industrial buildings need good property management to function properly. Property management specifically relates to rented real estate, which includes both residential and commercial properties. The care and maintenance of buildings is ensured by property management. A property manager functions as a liaison between the owner of the property and the inhabitant, making sure that both parties are happy with the home and how it is run on a daily basis as well as ensuring lease agreements are adhered to. The property manager or property management companies assist in supervising the normal operations of the rental property or its holdings of properties on behalf of the landlord. Type of Property Management: Owners of real estate have the option of hiring a property manager if they don't have the necessary skill