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Tags: business
Categories: Economics & Finance
An individual or company responsible for the day-to-day functioning of a piece of real estate. Property owners typically hire property managers when they are unwilling or unable to manage the properties themselves, perhaps because they live out of town, don’t have the time or don’t wish to be hands-on about the investment.
(source:http://www.investopedia.com/terms/p/property-manager.asp)
