Jan 22, 2019  
2016-2018 Undergraduate Catalog 
    
2016-2018 Undergraduate Catalog

REM 202 - Introduction to Apartment Management


This introductory property management course serves as a preliminary step toward understanding the specialized management of residential properties. It reviews the forms and goals of ownership as related to residential properties. It reviews the forms and goals of ownership as related to residential property management; discusses personnel management issues and policies; outlines key elements in developing and implementing property policies; explains leasing procedures and the contents of the lease document; outlines the components of resident relations, including lease renewal strategies and rent payment and collection; describes strategies for preparing vacant units and otherwise maintaining the property; identifies marketing strategies and advertising media; addresses converting prospects to residents; discusses different approaches to setting and raising rents; outlines renovation strategies; discusses property insurance coverage and handling of claims; and provides information on financial administration, including budgeting and different types of budgets, use of computers, and accounting and record keeping. (3) T1 IC