Property management as the name implies is the maintenance, control, utilization, and supervision of all the operations that is concerned with physical properties and real estate.
Physical properties are usually regarded as assets and which can be equipment, tools, appliances, and machines while real estate can be said to be related to housing such as detached, semi-detached, bungalows, condominiums, lands, or structures such as shopping centers, entertainment centers, shopping malls and other units that may be specifically built for different purposes. Property management can be said to be the process of overseeing assets that are owned by a different party. The whole process can be categorized under commercial, industrial, residential, and is basically the management of an entire physical (seen) property.
