PROBLEMS OF PROPERTY MANAGEMENT AND SOLUTIONS
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 5000
Background of the study
Property management to a non – Professional Estate agent entails mere collection rent. Real property management goes beyond mere collection of rent. A property manager gets involved with managerial problem solving and decision making. He also performs several activities and tasks involving planning, organising, directing and controlling with respect to the portfolio of real estate assets being managed on behalf of his clients.
This is important since one of the features of real property that distinguishes it from other investment media is its requirement to be managed.
Because of the increasing pace of technological development or innovations resulting particularly in the construction of high rise and high technological structures in our cities, there is need for a trained manager who is able to cope effectively and efficiently with management problems arising from the latter.
Multi – tenanted properties such as office blocks and residential houses present the greatest management challenge to the surveyor.
The author’s experience of non-challant attitude of a good number of property investors regarding the management of the property prompted the choice of this topic
1.2 OBJECTIVES OF THE STUDY
The study will examine the problems of property management, and proffer solutions towards rectifying these problems
1.3 SCOPE
This project will be limited to a few selected property in Abuja metropole, which includes.
1. Shelter House
2. Alaji M.D. shitus property on Plot 801 Malumfashi Close Area 11, Gariki Abuja
3. C.O.C. Enterprises property in Karmo, Abuja
4. Mrs. Nwankwo’s property on Plot 118 Tunis Street Zone 6 Wuse, Abuja
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