Rent collection refers to the process of collecting rental payments from tenants in accordance with the terms of their lease agreements.

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Financial reporting involves preparing and presenting detailed financial statements and reports to property owners, detailing income, expenses, and overall financial performance.

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Property management involves a variety of tasks and responsibilities related to the maintenance, operation, and oversight of real estate properties. Effective communication is crucial in this field, especially when dealing with international clients or partners. Here are some common property management terms translated into English:

Translation of Property Management Terms

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Tenant screening is the process of evaluating prospective tenants to determine their suitability and reliability as renters.

Facilities management involves the maintenance and operation of the various amenities and services within a property, such as elevators, HVAC systems, and parking facilities.

These translations can be valuable for property managers, landlords, and real estate professionals who work in multicultural or international environments. Clear communication in both English and the local language is essential for effective property management and client satisfaction.

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The vacancy rate is the percentage of unoccupied rental units within a property or real estate market, often used as an indicator of market demand and property performance.

Security inspection involves assessing a property to identify and address any potential security risks or vulnerabilities.

Property maintenance involves the upkeep and repair of a property to ensure it remains in good condition and retains its value.

A lease agreement is a legally binding contract between a landlord and a tenant that outlines the terms and conditions of renting a property.

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Property management encompasses the administration, operation, and oversight of real estate assets on behalf of property owners.