This two-hour online course is designed to provide an accurate summation of the principle aspects of commercial real estate property management. It is outlined in such a way to provide a concise review of the main elements that revolve around, and apply directly to, the field of commercial real estate property management.
Property management is a very prominent aspect in the field of commercial real estate. This category of commercial real estate can be heavily regulated, dependent on locale, and in most areas it is typically overseen at the municipal level by specific commissions or licensure boards.
The framework for this booklet has been structured utilizing the main principles related to commercial real estate property management, focusing on their fundamentals, basic legal regulations, fiduciary components, and the accompanying documentation. Terminology related to the field of commercial real estate property management has also been incorporated.
Many of the functions related to commercial real estate property management are directed by law. The course format will include this easy to follow icon as a guide when course material relates primarily to law -
State laws for property management in New Mexico fall under the heading of “NM Property Management” at Title 16. Occupational and Professional Licensing, Chapter 61. Real Estate Brokers; PART 24 PROPERTY MANAGEMENT.
See this link for more details related to NM Real Estate Rules and Regulation -
http://www.rld.state.nm.us/boards/Real_Estate_Commission_Rules_and_Laws.aspx