Management Companies Apartments

Management Companies Apartments

Management Companies Apartments : Efficient Real Estate Oversight Makes Sure Occupant Fulfillment And Ideal Asset Value

Functions and Duties of Residential Or Commercial Property Supervisors

Have you ever questioned what keeps a rental residential or commercial property running efficiently behind the scenes? The unsung heroes are the property managers, managing a myriad of tasks that can seem like spinning plates on a windy day. From tenant relations to upkeep coordination, their function is as diverse as it is important.

Key Responsibilities That Make a Distinction

  • Renter Screening: Imagine welcoming the ideal renters who pay on time and respect the home-- a game changer.
  • Rent Collection: Making sure the capital doesn't falter, preventing those awkward conversations every property manager fears.
  • Home Inspections: Capturing concerns before they intensify, due to the fact that a stitch in time conserves 9.
  • Maintenance Coordination: From leaky faucets to electrical glitches, timely repairs keep occupants delighted and homes undamaged.
  • Legal Compliance: Navigating the maze of laws, so you prevent costly headaches.

Why It Feels Frustrating

Managing these duties alone can seem like managing flaming torches-- one incorrect move and whatever might fail. The constant balancing act in between tenant complete satisfaction, property upkeep, and legal commitments frequently leaves home owners stretched thin.

Essential Property Management: Taking the Load Off

Here's where Essential Property Management actions in, turning mayhem into calm. They do not simply deal with the essentials-- they prepare for difficulties before they emerge. Think of never fretting about going after rent or fielding midnight emergency calls once again! Their proactive method indicates:

  1. Structured occupant vetting that lowers vacancy periods.
  2. Automated lease collection systems that keep income constant and predictable.
  3. Routine, thorough inspections that preserve residential or commercial property value.
  4. Access to a relied on network of upkeep specialists, ensuring fast, quality repairs.
  5. Specialist navigation through regulatory changes, keeping you certified with ease.

Isn't it time to let professionals deal with the intricacies of residential or commercial property management so you can focus on development and peace of mind? Essential Property Management changes the frustrating into the workable, letting your investment thrive without the stress.

Exploring the Spectrum of Residential Or Commercial Property Management Services

Ever felt overwhelmed by the sheer variety of home management services!.?.!? From leasing to upkeep, the landscape stretches far beyond just collecting rent. Essential Property Management understands the intricate dance of juggling occupant relations, legal compliance, and residential or commercial property maintenance-- all while optimizing your investment's potential.

Think about the subtle art of renter screening. It's not merely about background checks; it's about forecasting harmony between renter and home. Essential Property Management leverages sophisticated information analytics integrated with an eager instinct that just experience breeds. This makes sure vacancies shrink and tenant turnover becomes an uncommon occasion, sparing property managers the headache of constant re-listings.

Core Categories of Home Management

Service Type Focus Location Advantages
Residential Management Single-family homes, homes Personalized occupant care, localized market expertise
Commercial Management Office, retail, commercial Lease negotiations, residential or commercial property value optimization
Trip Rentals Short-term stays, Airbnb style Dynamic pricing, guest experience enhancement

Insider Tips for Maximizing Management Efficiency

  • Executing automated rent collection conserves time and minimizes human error, a strategy Essential Property Management has mastered.
  • Regular residential or commercial property inspections capture small problems before they balloon into expensive repair work.
  • Constructing a relationship with tenants and suppliers promotes a proactive maintenance culture instead of a reactive one.

Who hasn't dealt with the aggravation of handling several supplier schedules or deciphering regional rental laws? Essential Property Management takes these problems off your plate, navigating the labyrinth with precision and care. They turn complexity into clearness, making the ownership experience not just manageable, however pleasurable.

Translating the Labyrinth of Legal and Regulatory Considerations

When it pertains to property management, the legal landscape typically looks like a maze. One missed lease provision, a neglected eviction procedure, or a misconstrued reasonable real estate law can spiral into pricey conflicts. Essential Property Management understands these special intricacies. They're not simply navigating guidelines-- they're mastering them. Why? Since every jurisdiction layers its own set of statutes, and every property type invites its own regulations.

Secret Legal Aspects That Often Trip Up Landlords

  • Lease contracts: These aren't simple formalities. They are binding contracts that, if improperly prepared, can cause misunderstandings or legal exposure.
  • Tenant rights and eviction processes: Missing a deadline or mishandling notice requirements can thwart the whole eviction.
  • Fair housing laws: These federal and state mandates demand vigilance to prevent discrimination claims.
  • Down payment: Mishandling funds or stopping working to comply with return timelines can spark legal repercussions.
  • Building regulations and security policies: Ensuring compliance isn't optional-- it's a non-negotiable.

Insider Tips from the Residential Or Commercial Property Trenches

  1. Constantly upgrade lease templates every year to show changes in regional and federal laws.
  2. Track all occupant interactions thoroughly-- sometimes, a text message can serve as important proof.
  3. Maintain a calendar with all statutory due dates like lease due dates, examination windows, and eviction notices.
  4. Run routine compliance audits to capture regulatory shifts before they end up being pricey mistakes.

Essential Property Management shines since they do not simply respond-- they anticipate. Their proactive technique indicates fewer legal surprises and smoother operations. Keep in mind the tale of a property manager who lost thousands due to an ignored local guideline? That's the sort of circumstance they avoid daily.

Legal Aspect Typical Oversight Specialist Suggestions
Lease Clauses Unclear or missing terms Speak with legal counsel every year to modify and clarify
Expulsion Notifications Inaccurate timing or wording Follow jurisdiction-specific standards precisely
Down payment Mismanagement of funds or late returns Keep comprehensive records and return deposits promptly
Fair Housing Compliance Unintended discriminatory practices Routine training and audits to make sure equity

Harnessing Digital Tools for Smarter Residential Or Commercial Property Oversight

Envision managing lots of rentals without a single misplaced document or delayed payment. That's the dream innovation turns into truth. Residential or commercial property management software application today isn't simply a digital ledger-- it's a dynamic environment that integrates whatever from renter screening to maintenance requests (Essential Property Management). Essential Property Management comprehends the subtle complexities that typically journey up even skilled supervisors: the mayhem of manual record-keeping, postponed communication, and the slippery slope of neglected upkeep

They take advantage of advanced platforms that automate regular jobs however never ever forget the human touch. Automated reminders for lease renewals and rent collection lower human error and keep cash flow stable. However beyond automation, these systems offer a real-time photo of home efficiency, empowering supervisors to make educated choices at a minute's notice.

Professional Tips for Leveraging Innovation in Property Management

  1. Incorporate cloud-based systems to guarantee data ease of access and security across gadgets and places.
  2. Usage mobile apps that permit onsite staff to upgrade upkeep logs immediately, preventing expensive hold-ups.
  3. Carry out AI-driven analytics to discover patterns like seasonal job spikes or maintenance costs, enabling proactive modifications.
  4. Embrace electronic payment gateways that support numerous payment approaches, streamlining lease collection for tenants and property managers alike.
  5. Regularly update software application to shield against cybersecurity risks, a typically ignored yet critical aspect.

Why Real-Time Data Matters

Consider the last time a dripping pipeline went undetected till it became an expensive disaster. With real-time tracking tools, such incidents become antiques of the past. Essential Property Management leverages sensors and IoT devices to track property conditions constantly. This implies little issues are captured early, saving cash and protecting renter fulfillment. The mix of technology and expert oversight changes reactive management into a proactive, nearly user-friendly procedure.

Innovation Function Benefit Influence On Property Management
Automated Lease Management Enhances contract renewals and compliance Reduces legal risks and administrative work
AI-Driven Occupant Screening Improves vetting accuracy Enhances renter quality and reduces turnover
IoT-Based Upkeep Alerts Makes it possible for early detection of concerns Minimizes repair work costs and downtime

Efficient Home Oversight in Long Island NY

Long Island NY is a lively area understood for its lovely beaches, busy towns, and abundant cultural history. With a population that enjoys both suburban convenience and metropolitan benefit, the area offers varied leisure activities such as visiting the popular beaches, exploring local vineyards, and taking pleasure in numerous parks and golf courses. Long Island is likewise acknowledged for its strong community spirit and financial growth, making it a prime location for genuine estate and home management services.

For those looking for professional recommendations on residential or commercial property management, they need to reach out to Essential Property Management for a complimentary consultation and guidance tailored to their particular requirements in this dynamic area.

  1. Property Management: Supervising real estate properties involves coordinating maintenance, tenant management, and financial operations to ensure best property performance. This role is essential in maximizing investment returns and maintaining the value of the asset over time.
  2. Real Estate: Real estate includes the purchase, sale, and leasing of land and structures, acting as a important asset in building wealth. Effective oversight and maintenance of these properties guarantee their long-term worth and functionality for owners and renters.
  3. Lease Agreement: A lease agreement is a enforceable agreement between a property owner and renter that details the terms for renting a premises. It is important in regulating rental arrangements and ensuring clear communication and obligations for both parties.
  4. Tenant: A Tenant is a person or entity that leases a premises from a landlord, serving a important role in the upkeep and monetary soundness of rental assets. Their duties include prompt rent payments and keeping the property in excellent shape to ensure a seamless rental experience.
  5. Landlord: A landlord is responsible for supervising rental properties, making sure they are kept in good condition and tenant requests are addressed. They manage leasing agreements, collect rent, and deal with any issues that come up within the rental units.
  6. Rent: Rent serves as the main source of income for owners managing real estate assets, ensuring financial sustainability and operational efficiency. Effective handling of rent gathering and adjustments is crucial for maintaining tenant satisfaction and maximizing asset value.
  7. Property Manager: A Property Manager supervises the routine activities and maintenance of living or business real estate, ensuring tenant approval and effective facility upkeep. They take care of responsibilities such as rent collection, lease management, and arranging repairs to preserve the owner's investment.
  8. Maintenance: Maintenance guarantees the upkeep and operation of structures, stopping expensive restorations and boosting tenant satisfaction. It plays a crucial role in overseeing real estate assets by maintaining their importance and safety over time.
  9. Commercial Property: Commercial property consists of buildings and spaces utilized for business purposes, playing a crucial role in overseeing and maintaining these assets to maximize their value and functionality. Effective oversight promotes tenant satisfaction, smooth operations, and long-term investment growth.
  10. Residential Property: Residential property entails the possession, leasing, and maintenance of housing units, serving a important part in ensuring tenant satisfaction and asset value. Effective oversight includes managing tenant communications, rent collection, and property upkeep to optimize investment yields.
  11. Property Inspection: Property inspection involves carefully assessing a building's condition to identify maintenance needs and potential issues. It plays a important role in overseeing real estate assets by ensuring safety, compliance, and preservation of value.
  12. Eviction: Eviction is a official process used to remove tenants who break lease agreements or fail to pay rent, ensuring the appropriate use and maintenance of rental properties. It is important in upholding order and protecting the interests of property owners and landlords.
  13. Security Deposit: A Security Deposit serves as a monetary safeguard for property owners, ensuring tenants fulfill their rental obligations and cover potential damages. It plays a vital role in maintaining trust and accountability between property owners and renters.
  14. Rental Property: Rental Property includes renting living or business properties to tenants, creating income for the owner. It is essential in supervising the upkeep, tenant relations, and financial aspects to guarantee smooth functioning and profitability.
  15. Property Valuation: Property Valuation determines the price of real estate, giving a vital groundwork for informed decision-making. Accurate valuations help owners improve asset performance and ensure strategic oversight of their property holdings.
  16. Property Investment: Property investment entails acquiring property assets to produce income or capital growth over time. Effective oversight and care of these assets are crucial to maximizing returns and maintaining their value.
  17. Asset Management: Asset Management entails overseeing and improving the value and performance of real estate assets through strategic planning and monetary assessment. Its position is essential in securing efficient management, upkeep, and sustained capital appreciation within the field of real estate oversight.
  18. Building Management: Building Management entails supervising the daily activities and maintenance of a building to maintain security, effectiveness, and well-being for residents. It has a important role in the wider field of real estate oversight by organizing services, administering resources, and upkeeping the structural infrastructure.
  19. Facility Management: Facility Management ensures the smooth operation and upkeep of buildings and infrastructure, improving the benefit and usefulness of real estate assets. It is vital in supervising day-to-day services, safety, and sustainability within residential, commercial, and industrial environments.
  20. Real Estate Broker: An real estate broker functions as an intermediary between property owners and tenants, overseeing the leasing process and maintenance coordination. The broker ensures smooth operation and maximize the value of both residential and commercial real estate assets.
  21. Property Tax: Property tax is a required financial charge placed on real estate by local governments, playing an important part in the supervision and appraisal of real assets. It directly impacts budgeting and financial planning for those responsible for overseeing real estate portfolios.
  22. Leasehold: Leasehold arrangements define the entitlements and obligations between landlords and tenants over a set period, influencing how real estate is managed and preserved. This structure ensures clear terms for use, upkeep, and financial obligations, supporting effective oversight of property assets.
  23. Freehold: Freehold refers to the ownership of property where the owner has complete control over the land and buildings without time limit. It plays a important role in real estate oversight by granting the owner the right to oversee, improve, or lease the property without time limits.
  24. Real Estate Market: The real estate market plays a vital role in managing the upkeep, leasing, and overall management of housing and business properties. Understanding market trends helps maximize asset value and tenant satisfaction through efficient operational strategies.
  25. Property Insurance: Property Insurance provides monetary protection against harm or setbacks to buildings and assets, ensuring security for those overseeing real estate. It plays a crucial role in safeguarding investments and maintaining business continuity for property overseers.
  26. Tenant Screening: Tenant Screening is a vital process that assists landlords recognize reliable and responsible renters by assessing their background, credit history, and rental references. This practice reduces risks and guarantees a smoother experience in managing rental properties.
  27. Real Estate Agent: A Real Estate Agent assists with the buying, selling, and renting of properties while also supervising the upkeep and operational aspects of rental properties. They act as middlemen between landlords and tenants, ensuring efficient transactions and effective management of real estate assets.
  28. Property Development: Property development involves the process of upgrading land or buildings to raise their worth and functionality. It has a vital role in supervising the continuous care, functioning, and improvement of real estate assets.
  29. Real Estate Appraisal: Real Estate Appraisal is the process of determining a property's value based on different factors such as position, condition, and market conditions. It plays a crucial role in asset oversight by assisting owners to make educated decisions regarding purchasing, selling, renting, and managing their real estate investments.
  30. Real Estate Law: Real estate law governs the legal aspects of possessing, leasing out, and conveying property, ensuring all transactions comply with local regulations. It is vital in overseeing the responsibilities and rights involved in managing real estate assets effectively.
  31. Property Finance: Property finance includes securing capital and managing financial plans for real estate investments to ensure returns and sustainability. It is vital in overseeing properties by facilitating purchases, upkeep, and growth strategies.
  32. Housing: Housing plays a key part in managing real estate properties by guaranteeing tenant satisfaction and upholding property worth. Successful administration includes scheduling repairs, handling leases, and maximizing rental income.
  33. Lease Term: The lease term specifies the length for which a renter is legally allowed to use a rental unit, outlining the start and end dates of the agreement. It is essential in handling rental agreements by creating clear schedules and terms for both landlords and tenants.
  34. Sublease: A sublease allows a tenant to sublet their leased space to someone else, transferring some or all lease responsibilities temporarily. This arrangement assists with optimizing space utilization and managing rental obligations efficiently.
  35. Lease Renewal: The Lease Renewal is a important process that guarantees persistent occupancy and steady income for landlords. It entails negotiating terms and extending the tenant's agreement, aiding sustain smooth operations and long-term tenant relationships.
  36. Property Damage: Property Damage involves any destruction to buildings, fixtures, or belongings within a real estate context. Effectively handling and preventing such damage is vital for maintaining the value and operation of managed properties.
  37. Lease Clause: A lease clause outlines particular provisions agreed upon by the landlord and tenant, providing clear responsibilities and rights within a rental agreement. It plays a crucial role in supporting smooth operations and addressing disputes in real estate administration.
  38. Breach Of Contract: A breach of contract occurs when one party neglects to fulfill the conditions agreed upon in a lease or service agreement. In real estate oversight, this can lead to legal disputes, financial losses, and issues in tenant relations.
  39. Rental Application: A Rental Application serves as a important tool for landlords to assess potential tenants' background, creditworthiness, and rental history. It helps ensure responsible leasing decisions and smooth operation of housing or commercial rental operations.
  40. Lease Termination: Lease termination is the procedure of ending a lease agreement between a property owner and tenant, either at the lease's natural conclusion or through early termination due to particular circumstances. It plays a crucial role in managing rental properties by making sure clear terms are followed and both sides understand their rights and responsibilities.
  41. Notice Period: An Notice Period is the necessary time a tenant or landlord must give before ending a rental agreement, allowing a seamless changeover and sufficient preparation for both parties. This period helps support orderly operations and lowers disputes within rental supervision.
  42. Utilities: Utilities play a important role in overseeing residential and commercial real estate by providing effective delivery and management of critical services like water, electricity, and gas. Proper coordination of these services helps ensure tenant satisfaction and lowers operational costs for building owners.
  43. Fair Housing Act: The Fair Housing Act ensures fair housing access by forbidding discrimination based on race, skin color, religion, sex, national origin, disability, or family status. It plays a crucial role in overseeing rental and leasing activities to foster fairness and inclusivity in residential environments.
  44. Rental Agreement: A Rental Agreement is a legal contract that specifies the terms and conditions between a landlord and tenant, guaranteeing clear expectations for both parties. It plays a crucial role in overseeing real estate operations by protecting rights, handling responsibilities, and avoiding disputes.
  45. Default: Default occurs when lessees fail to meet their lease obligations, such as failing to pay rent payments or violating terms. This situation requires immediate action from housing administrators to reduce financial loss and maintain stable occupancy.
  46. Rent Control: Rent control controls the top amount landlords can charge for housing, aiding to maintain affordable living options in city areas. It plays a crucial role in supervising rental agreements and harmonizing tenant protections with landlords' interests.
  47. Tenant Rights: Tenant rights ensure that renters are treated fairly and have secure, livable living conditions. Upholding these rights is essential for maintaining positive landlord-tenant relationships and effective rental oversight.
  48. Rental Market: The Rental Market plays a crucial role in managing and caring for homes and business properties by bringing together landlords with tenants. Proper management of rental units ensures consistent income generation and maintains the value of real estate investments.
  49. Occupancy: Occupancy refers to the proportion of rented or employed space within a building, affecting revenue and operational efficiency. Maintaining high occupancy levels is crucial for maximizing earnings and ensuring the efficient functioning of real estate operations.
  50. Landlord Tenant Law: Landlord tenant law governs the rights and obligations of both parties in rental agreements, ensuring equitable handling and legal compliance. It is essential in managing rental relationships and maintaining smooth functioning within housing and commercial rentals.
  51. Tenant Improvement: Tenant Improvement involves customizing leased spaces to meet the particular needs of tenants, enhancing usability and appeal. This process is essential in maintaining tenant satisfaction and optimizing the value and usability of commercial real estate assets.
  52. Lease Violation: A lease violation happens when a tenant fails to comply with the agreements agreed upon in the rental contract, such as unapproved pets or late rent payments. Addressing these infractions is important for upholding order and defending the interests of landlords and rental operations.
  53. Property Maintenance: Property Maintenance makes sure that structures and premises remain secure, functional, and attractive, thereby preserving their value over time. It is essential in supervising real estate assets by preventing costly repairs and boosting tenant satisfaction.
  54. Lease Option: A lease option allows tenants to lease a residence with the option to purchase it later, providing adaptability and security for both sides. This strategy helps landlords maintain reliable income while offering prospective buyers a tryout before committing to ownership.
  55. Residential Lease: A residential lease is a legally binding contract between a landlord and tenant that outlines the agreement for renting a residence. It plays a crucial role in overseeing rental arrangements, ensuring clear expectations and protecting the interests of both parties.
  56. Subletting: Subletting allows tenants to let their rental space to another party, offering flexibility and financial relief. It is essential in overseeing rental agreements and maintaining tenant satisfaction within real estate operations.
  57. Rent Payment: Rent Payment is a crucial aspect of handling rental properties, ensuring reliable cash flow and economic stability for landlords. Proper processing of payments helps ensure tenant satisfaction and supports the overall operation of rental oversight.
  58. Housing Law: Housing law governs the rights and responsibilities of landlords and tenants, ensuring just treatment and legal compliance in residential agreements. It is vital in supervising the management and maintenance of rental properties, safeguarding both parties' interests.
  59. Landlord Responsibilities: Property owners are tasked with maintaining the building, ensuring it is safe, livable, and compliant with local laws. They play a crucial role in overseeing tenant relations, rent collection, and timely repairs to protect their investment.
  60. Commercial Lease: A Commercial Lease establishes the stipulations between property owners and commercial renters, providing well-defined duties and privileges for both parties. It plays a crucial role in monitoring the efficient use and upkeep of commercial property.
  61. Rent Increase: The Rent increase is a important aspect of overseeing rental real estate, ensuring that earnings matches market conditions and upkeep expenses. It aids in preserving the worth of real estate investments while juggling keeping tenants and profitability.
  62. Notice To Quit: A Notice to Quit is a official paper used by landlords to inform tenants that they must move out of the rental premises by a set date. It is essential in tenant relations and lease enforcement within real estate management.
  63. Rent Arrears: Rent arrears occur when renters fail to pay their rental fees on time, creating monetary difficulties for lessors. Managing these outstanding balances is crucial for maintaining reliable cash flow and ensuring smooth operation of rental housing services.
  64. Rent Regulation: Rent regulation helps maintain affordable housing by controlling rent hikes and safeguarding tenants from unjust practices. It plays a crucial role in balancing the interests of landlords and renters within housing governance.
  65. Rent Strike: A Rent Strike is a collective refusal by tenants to pay rent, often used as a method of demonstration against inadequate living conditions or unfair rent increases. It serves a important role in housing oversight by forcing landlords to address tenant concerns and discuss fair terms.
  66. Rental Income: Rental Income serves as the chief revenue stream for landlords, immediately impacting the earnings and monetary well-being of real estate investments. Proper oversight of rent payments and tenant management is essential to boosting profits and maintaining asset value.
  67. Rent Stabilization: Rent Stabilization assists preserve reasonably priced housing by restricting the sum landlords can bump up rents annually. This system plays a crucial role in regulating housing units by promoting long-term tenant stability and avoiding sudden displacement.
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  • Wyandanch: Wyandanch is a village in Suffolk County, Long Island NY, recognized for its varied population and renewal endeavors. It's a lively region with a deep history and continuous development.
  • Yaphank: Yaphank is a settlement and census-designated place located in Suffolk County, Long Island NY. It is famous because of its historical value and closeness to the Long Island Pine Barrens.
  • Fire Island National Seashore: Fire Island National Seashore safeguards a energetic barrier island with beaches, dunes, and historical sites. Guests can savor swimming, hiking, and discovering the renowned Long Island NY Lighthouse.
  • Sagamore Hill National Historic Site: Sagamore Hill was Theodore Roosevelt's residence from 1885 until his death in 1919. It is now a Sagamore Hill National Historic Site conserving the house and its surroundings in Long Island NY.
  • Old Westbury Gardens: Old Westbury Gardens is a lovely property with structured gardens, manicured grounds, and a historic mansion. Visitors can explore the gardens, tour the house, and experience different events throughout the year. It is located in Long Island NY.
  • Planting Fields Arboretum State Historic Park: Planting Fields Arboretum State Historic Park is a beautiful Long Island NY estate with structured gardens, traditional greenhouses, and sprawling landscapes. Visitors can explore the Coe Hall mansion house, meander through different plant collections, and relish seasonal events.
  • Vanderbilt Museum and Planetarium: The Vanderbilt Museum and Planetarium, located in Long Island NY, gives a peek into the life of William Vanderbilt II through exhibits of his extensive collections. Visitors can explore the mansion, natural history museum, and planetarium for an educational cultural experience.
  • Long Island Aquarium: Long Island Aquarium is a place for undersea discovery and marine life experiences. Guests can view diverse displays that feature sharks, penguins, and other interesting animals.
  • The Big Duck: The Big Duck is a giant duck-shaped building in Long Island NY. It's a unusual attraction and instance of roadside architecture.
  • Montauk Point Lighthouse: This Montauk Point Lighthouse, located on Long Island NY, is a historical beacon providing amazing ocean vistas. It stands as a symbol to maritime history and a favored destination for guests exploring the furthest east point of New York.
  • Oheka Castle: Oheka Castle is a historical Gold Coast estate and hotel, known as the second-largest private residence ever built in the United States. It provides opulent accommodations, spectacular events, and stunning gardens for visitors to explore. Located in Long Island NY.
  • Nassau County Museum of Art: Nassau County Museum of Art displays a diverse collection of 19th- through 21st-century art. The museum is located on a gorgeous estate with gardens and sculptures in Long Island NY.
  • Cradle of Aviation Museum: The Aviation Museum displays Long Island NY's important role in the history of aviation and space exploration. Guests can view many aircraft, spacecraft, and interactive exhibits.
  • Long Island Children's Museum: This Long Island Children's Museum offers interactive exhibits and programs created for kids of all ages. It is a hands-on learning environment that promotes creativity and exploration.
  • Bethpage State Park: Bethpage State Park is a well-known public park on Long Island NY, popular for its five premier golf courses, such as the Black Course, which has held multiple U.S. Open championships. Aside from golf, the park provides hiking, biking, picnicking, and other outdoor recreational activities.
  • Jones Beach State Park: Jones Beach State Park is a popular Long Island NY destination famous because of its gorgeous beaches and diverse recreational pursuits. It provides swimming, tanning, walking on the boardwalk, and concerts at the iconic Northwell Health at Jones Beach Theater.
  • Sunken Meadow State Park: This park provides gorgeous views of the Long Island Sound. People can partake in activities like hiking, biking, and swimming.
  • Robert Moses State Park: This park boasts gorgeous beaches, trails, and camping on the west end of Fire Island. People can revel in swimming, surfing, fishing, and discovering the historic Fire Island Lighthouse. Located on Long Island NY
  • Fire Island Lighthouse: Fire Island Lighthouse, a historic light, directs mariners along Long Island NY's south shore. Climb to the summit for panoramic vistas of the Atlantic Ocean and Great South Bay.
  • Old Bethpage Village Restoration: Old Bethpage Village Restoration presents 19th-century Long Island NY life with attentively recreated buildings and dressed interpreters. Guests can witness historical crafts, farming, and everyday routines of a past era.
  • Cold Spring Harbor Fish Hatchery & Aquarium: This Cold Spring Harbor Fish Hatchery & Aquarium provides a glimpse into freshwater ecosystems and New York's aquatic life. Guests can explore displays, feed fish, and learn about conservation projects.
  • African American Museum: This African American Museum in Long Island, NY, preserves and honors African American heritage through displays and learning initiatives. It showcases art, artifacts, and historic records that highlight the achievements of African Americans to Long Island and beyond.
  • Long Island Maritime Museum: This Long Island Maritime Museum exhibits the area's rich seafaring history using exhibits and collections. Visitors can explore historic vessels and learn about shipbuilding, fishing, and marine life.
  • Conscience Point Historic Site: Conscience Point is considered the landing site of the first English settlers in Southampton, Long Island NY. It has a monument remembering this event and provides picturesque waterfront views.
  • Walt Whitman Birthplace State Historic Site: Visit the preserved farmhouse where the iconic poet Walt Whitman was born. Explore exhibits outlining his life and literary contributions at the Walt Whitman Birthplace State Historic Site in Long Island NY.
  • Sands Point Preserve: Sands Point Preserve, located on Long Island NY, presents stunning views of the Long Island Sound and historical mansions. Explore its gorgeous paths, gardens, and enjoy cultural events throughout the year.
  • Cedarmere: Cedarmere, situated in Roslyn, Long Island NY, was the estate of wordsmith and newspaper publisher William Cullen Bryant and is now a museum. Visitors can discover the historic house, gardens, and mill, gaining insight into 19th-century life and literature.
  • Raynham Hall Museum: Raynham Hall Museum, situated in Long Island NY, provides a peek into 18th century life and the tale of the Townsend kin. It acted as a pivotal location in the Culper Spy Ring during the American War of Independence.
  • William Floyd Estate: Explore the historic home and grounds of William Floyd Estate, a signer of the Declaration of Independence. The estate offers a peek into 18th and 19th-century life on Long Island NY.
  • Stony Brook Village: Stony Brook Village is a delightful historical shopping and dining location on Long Island NY. It provides a beautiful ambiance with distinctive boutiques, harbor views, and artistic attractions.
  • Port Jefferson: Port Jefferson is a lovely port village with a deep nautical history and a dynamic downtown. Tourists relish picturesque waterfront vistas, specialty shops, and varied dining options. It can be found in Long Island NY
  • Northport Village: Northport Village is a charming waterfront town with a deep maritime history and dynamic arts scene. Explore its quaint shops, relish shorefront dining, and witness the splendor of Long Island NY's northern coast.
  • 11001: 11001 is a postal code that primarily covers the Floral Park area of Long Island NY. The area is recognized for its residential nature and proximity to the city.
  • 11002: 11002 is a post code primarily covering Floral Park, NY, a village recognized for its tree-lined streets and suburban nature. The area offers a blend of residential properties, local shops, and proximity to transportation options for traveling to New York City.
  • 11003: 11003 is a post code located in Long Island NY. It mainly supports the area of Bellerose.
  • 11004: Baldwin, NY, is located within the 11004 postal code on Long Island NY. This area provides a mix of housing areas and local businesses.
  • 11005: 11005 is a post code located in Long Island NY, particularly encompassing part of the Elmont area. It is linked to residential areas and nearby companies within that region.
  • 11010: 11010 is a post code situated in Floral Park, a village in Long Island NY. The region is known for its residential ambiance and closeness to New York City.
  • 11020: 11020 is a zip code primarily associated with Great Neck, a village located on the North Shore of Long Island NY. This region is known for its affluent residential areas and proximity to New York City.
  • 11021: 11021 is a post code situated in Great Neck, NY on Long Island NY. It is linked to a high population density and upscale residential neighborhoods.
  • 11022: 11022 is a post code situated in Floral Park, Long Island NY. The region is known for its suburban nature and proximity to the city.
  • 11023: 11023 encompasses Floral Park, NY, a suburban village known for its tree-lined streets and home-filled character. It offers a blend of housing options and convenient access to local amenities in Long Island NY.
  • 11024: 11024 is a post code situated in Floral Park, NY, a village on Long Island NY. It is primarily a residential area with a blend of housing options and local businesses.
  • 11030: 11030 is a post code for New Hyde Park, a residential village on Long Island NY. The area offers a mix of residential areas, commercial areas, and entry to parks and schools.
  • 11035: 11035 is a postal code for New Hyde Park, a village and census-designated place situated in Long Island NY. The region offers a suburban ambiance with access to parks, schools, and easy transportation choices.
  • 11040: 11040 is a Long Island NY zip code including Great Neck Plaza and nearby areas. It's known for its wealthy residential areas and lively commercial district.
  • 11042: 11042 is a post zip code for Floral Park, a village in Nassau County, Long Island NY. It is mainly a residential area with a mix of single-family houses and local shops.
  • 11050: 11050 is a zip code located in Great Neck, Long Island NY. It is mainly situated on the Great Neck Peninsula.
  • 11051: 11051 is a zip code located on Long Island NY. It is associated with the region of Great Neck.
  • 11052: 11052 is a post code situated in Port Washington, a hamlet and CDP on the North Shore of Long Island NY. It is known for its harbor views, parks, and closeness to New York City.
  • 11053: 11053 is a postal code located in Port Washington, a village on the North Shore of Long Island NY. It includes a mix of residential areas, commercial districts, and waterfront properties.
  • 11054: 11054 is a postal code located in Port Washington, a hamlet on the North Shore of Long Island NY. This region is known for its waterfront scenery, parks, and proximity to New York City.
  • 11055: 11055 is a post code located in Port Washington, a village on the North Shore of Long Island NY. It's recognized for its waterfront access, parks, and proximity to New York City.
  • 11070: 11070 is a postal code mainly for Great Neck, NY, situated on the north coast of Long Island NY. It encompasses a combination of residential areas, commercial districts, and waterfront land within the Great Neck isthmus.
  • 11071: 11071 is a postal code located in Manhasset, a hamlet on the North Shore of Long Island NY. The region is famous for its wealthy housing areas and closeness to New York City.
  • 11080: 11080 is a postal code primarily catering to Great Neck, NY, a residential area on Long Island's North Shore. It's known for its top-rated schools, parks, and closeness to New York City.
  • 11096: 11096 is a post code located in Long Island NY. It chiefly includes the area of New Hyde Park.
  • 11413: 11413 is a post code primarily servicing Springfield Gardens, a neighborhood in Queens, Long Island NY. This location is mostly residential, with a combination of single-family homes and apartment buildings.
  • 11422: 11422 is a zip code situated in the Cambria Heights area of Queens, Long Island NY. It's a primarily housing area having a combination of single-family houses and apartment buildings.
  • 11423: 11423 is a zip code primarily situated in Queens, New York, specifically in the areas of Bellerose and Queens Village. It is a mostly residential section with a mix of detached homes and apartment complexes.
  • 11426: 11426 is a post code primarily encompassing Bellerose, Queens, a neighborhood on the eastern edge of New York City's borough of Queens, adjacent to Nassau county. It is mainly a residential community with a combination of detached houses and apartment buildings.
  • 11427: 11427 is a post code located in the Queens borough of New York City, particularly within the neighborhood of Floral Park in Long Island NY. It is mainly a residential area.
  • 11428: 11428 is a post code primarily situated in Springfield Gardens, Queens, a community in Long Island NY. This region is known for its housing streets and proximity to JFK International Airport.
  • 11429: 11429 is a post code situated in Rosedale, a community in the southeastern part of Queens, Long Island NY. This area is primarily residential, with a combination of single-family homes and apartment buildings.
  • 11432: 11432 is a postal code located in South Jamaica, Queens, Long Island NY. This area is known for its residential neighborhoods and proximity to transportation.
  • 11434: 11434 is a post code located in Springfield Gardens, Queens, Long Island NY. It is primarily a residential area with some commercial activity.
  • 11435: 11435 is a post code positioned in Jamaica, Queens, New York. It is primarily inside the borough of Queens on Long Island NY.
  • 11436: 11436 is a post zip code primarily covering South Jamaica, Queens, Long Island NY. This area is a varied housing neighborhood with commercial strips.
  • 11501: 11501 is a postal code situated in Long Island NY, particularly encompassing Garden City. It is a residential area with housing neighborhoods, business areas, and educational institutions.
  • 11507: 11507 is a post code for Glen Head, a hamlet situated on the North Shore of Long Island NY in the town of Oyster Bay, Nassau County, New York. This area is known for its suburban suburban character and nearness to the Long Island Sound.
  • 11510: 11510 includes Baldwin, NY, a community in Nassau County on Long Island NY's South Shore. It's a varied residential area with housing neighborhoods and business strips.
  • 11514: Baldwin, NY, NY, 11510 is a suburban area in Nassau County, Long Island NY, providing a combination of homes, parks, and local businesses. Its location provides easy access to New York City and other parts of Long Island.
  • 11516: 11516 is a zip code for Atlantic Beach, a town situated on a barrier island off the South Shore of Long Island NY. This coastal community is famous for its beautiful beaches and relaxed atmosphere.
  • 11518: 11518 is a zip code for Great Neck, a hamlet and CDP in Nassau County, Long Island NY. The region is recognized for its affluent neighborhoods and closeness to New York City.
  • 11520: 11520 is a postal code located in Long Island NY. It mainly covers the region of East Meadow.
  • 11530: 11530 is a postal code encompassing portion of Hempstead, Long Island NY. People in this area experience a blend of suburban life with access to local facilities and closeness to New York City.
  • 11542: 11542 is a Long Island NY zip code mainly encompassing the Hewlett region. It's located within Nassau County and is part of the Five Towns region.
  • 11545: 11545 is a post code for East Meadow, a hamlet and CDP in Nassau County, Long Island, NY. It's recognized for its residential areas and closeness to Eisenhower Park.
  • 11548: 11548 is a post zip code situated in Long Island NY. It primarily covers the region of Westbury.
  • 11550: 11550 is a post zip code located in Long Island NY, specifically encompassing a part of Lynbrook. It is inside Nassau County.
  • 11552: 11552 is a post code for the city of Long Beach, located in Nassau County, Long Island NY. It is a coastal area with a mix of residential and commercial areas.
  • 11553: 11553 is a post code situated in Long Island NY. It primarily supports the area of North New Hyde Park.
  • 11554: 11554 is a postal code situated in Lynbrook, a village in Nassau County, Long Island NY. The region is mainly residential with a combination of single-family homes and local businesses.
  • 11557: 11557 is a zip code for Atlantic Beach, a town located on a barrier island off the South Shore of Long Island NY. It is famous for its beautiful beaches and prosperous residential areas.
  • 11558: 11558 is a post code situated in Long Island NY, particularly in Lynbrook. It's a suburban area with a combination of residential and business properties.
  • 11559: 11559 is a post zip code located in Long Island NY covering parts of North Bellmore and Bellmore. It's a residential area with housing neighborhoods, schools, and local companies.
  • 11560: 11560 is a post code for Lynbrook, a village in Nassau County, Long Island NY. It is a residential community with entrance to New York City.
  • 11561: 11561 is a post zip code situated in Lynbrook, NY, a village in Nassau County, Long Island. It is a residential area with residential neighborhoods, schools, and local businesses.
  • 11563: 11563 is a postal code that represents Lido Beach, a hamlet located on Long Island NY. It's recognized for its stunning beaches and closeness to New York City.
  • 11565: Port Jefferson Station, situated in Long Island, NY, is served by the 11776 ZIP code, not 11565. The 11565 ZIP code belongs to Lido Beach, a hamlet in Nassau County, Long Island, New York.
  • 11566: Port Jefferson, NY, 11566, offers a suburban setting with entry to Long Island's north shore. Residents appreciate local shops, restaurants, and proximity to beaches and parks.
  • 11568: 11568 is a post code for Massapequa Park, a hamlet in Nassau County, Long Island NY. This suburban region offers a blend of residential neighborhoods, parks, and local businesses.
  • 11569: 11569 is a post zip for a section of Oceanside, Long Island NY. This area is mainly housing and close to the ocean.
  • 11570: 11570 is a post code for Lawrence, a village located in Nassau County, Long Island NY. It's famous for its wealthy community and closeness to the Atlantic Ocean.
  • 11571: 11571 is a post number for Oceanside, a village and census-designated place in Nassau County, Long Island NY. It is a suburban community with a mix of residential areas, commercial areas, and proximity to the ocean.
  • 11572: 11572 is a zip code located in Long Island NY. It principally includes the village of New Hyde Park.
  • 11575: 11575 is a zip code located in North New Hyde Park, Long Island NY. It's mainly situated within the Town of Hempstead in Nassau County.
  • 11576: 11576 is a postal code in Nassau County, Long Island NY, primarily covering the village of Rockville Centre. It's a largely housing area with a mix of housing styles, schools, parks, and local businesses.
  • 11577: 11577 is a zip code located in Mineola, New York, a town within the Town of North Hempstead on Long Island NY. It is mainly located in Nassau County.
  • 11579: Post code 11579 is situated in North Bellmore, NY, a hamlet within the town of Hempstead. It is a suburban residential area in Nassau County on Long Island NY.
  • 11580: 11580 is a postal code situated in Rockville Centre, a village in Nassau County, Long Island NY. The region is recognized for its residential character, good schools, and proximity to New York City.
  • 11581: 11581 is a post code mainly for the village of Rockville Centre in Nassau County, Long Island NY. This area is a blend of housing areas, commercial areas, and artistic institutions.
  • 11582: 11582 is a postal code that includes a portion of Plainview, a hamlet located in Nassau County, Long Island NY. Residents in this area enjoy suburban life with availability to parks, schools, and convenient transportation options.
  • 11590: Postcode 11590 covers Wantagh, a hamlet in the Town of Hempstead, Nassau County, Long Island NY. It's a suburban area recognized for its housing neighborhoods, schools, and closeness to Jones Beach State Park.
  • 11596: 11596 is a postal code mainly serving Wantagh, a village in the Town of Hempstead, Nassau County, Long Island NY. This area provides a suburban environment with entry to parks, schools, and the South Shore of Long Island.
  • 11598: Post code 11598 is located in Woodmere, a hamlet in Nassau County, Long Island NY. This area is known for its residential character and proximity to New York City.
  • 11599: 11599 is a postal code primarily serving Woodmere, a hamlet in Nassau County, Long Island NY. The area is known for its suburban domestic nature and closeness to New York City.
  • 11701: 11701 is a post code for Melville, a hamlet in the Town of Huntington, located in Suffolk County, Long Island NY. It's known for its business parks and proximity to major highways.
  • 11702: Melville, NY, 11702 is a suburban area known for its corporate parks and headquarters. It offers a mix of business and residential environments with access to major roadways.
  • 11703: 11703 is a post code for Brentwood, a hamlet in the town of Islip, Suffolk County, Long Island NY. The area is known for its varied community and proximity to New York City.
  • 11704: Port Jefferson Station located in Long Island NY, is covered by the 11704 zip code. This area provides a combination of housing areas and nearby businesses.
  • 11705: 11705 is a postal code for Brentwood, a hamlet located in the town of Islip, Suffolk County, Long Island NY. It is a diverse community with a blend of residential areas, commercial districts, and parks.
  • 11706: 11706 is a Long Island NY zip code primarily covering Melville, that is known because of its corporate parks and residential communities. This area provides a combination of housing areas, business centers, and proximity to principal roadways.
  • 11707: 11707 is a zip postal code for Hauppauge, a hamlet and census-designated place in the Town of Smithtown, Suffolk County, Long Island NY. It's a largely commercial and industrial area with a few residential areas.
  • 11708: Melville, NY, is located within the 11747 and 11708 zip codes on Long Island NY. It is famous for its business parks and closeness to significant highways.
  • 11709: Melville, NY 11747 sits on Long Island NY and boasts its business parks and headquarters. It houses many big companies and offers a blend of commercial and residential areas.
  • 11713: 11713 is a zip code located in Brookhaven, Long Island NY. It includes the village of Center Moriches and surrounding areas.
  • 11714: NY, Melville 11714 is a vibrant Long Island community known for its business parks and closeness to the Walt Whitman Shops. Residents appreciate a blend of suburban living and convenient access to business conveniences.
  • 11715: 11715 is a Long Island NY postal code primarily catering to Centerport and parts of Greenlawn. It is a residential region characterized by residential communities and proximity to the Long Island Sound.
  • 11716: 11716 is a Long Island NY post zip code mainly serving the region of Rocky Point. This area provides a blend of housing neighborhoods and closeness to the LI Sound.
  • 11717: 11717 is a Long Island NY post code mainly catering to the town of Hauppauge. It's a suburban area with a combination of residential and commercial properties.
  • 11718: 11718 is a Long Island NY zip code encompassing Commack, known for its residential setting and good schools. It provides a mix of housing developments, parks, and nearby shops.
  • 11719: 11719 is a postal code situated in Long Island NY, particularly covering the area of Center Moriches. It is a residential area with a mix of residential areas and local businesses.
  • 11720: 11720 is a zip code representing Selden, a hamlet in Suffolk County, Long Island NY. Selden is a suburban community with a mix of residential areas, local businesses, and parks.
  • 11721: 11721 is a zip code that services Rocky Point, a small town located on the North Shore of Long Island NY. The area is known for its stunning beaches and closeness to the Long Island Sound.
  • 11722: 11722 is a postal code located in Commack, New York, a village within the Town of Smithtown on Long Island NY. It is primarily a residential area with access to parks and excellent schools.
  • 11724: 11724 is a Long Island, NY zip code associated with Commack, a hamlet inside the Town of Huntington. This area is famous for its suburban character, schools, and proximity to parks and beaches.
  • 11725: 11725 is a zip code located in Commack, a hamlet in the Town of Huntington, Suffolk County, Long Island NY. It is a residential area with residential neighborhoods and commercial businesses.
  • 11726: 11726 is a postal code for Lake Grove, a hamlet within Suffolk County, Long Island NY. It is located inside the Town of Brookhaven and consists of residential areas, shopping centers, along with parks.
  • 11727: 11727 is a postal zip code that matches Hauppauge, a small town located in the Town of Islip and Town of Smithtown in Suffolk County, Long Island NY. It is a suburban area with a mix of residential areas, commercial areas, and industrial complexes.
  • 11729: 11729 is a post code for Melville, a small town in the Town of Huntington, situated in Suffolk County, Long Island NY. It is famous for its business parks and proximity to major highways.
  • 11730: 11730 is a Long Island NY zip code mainly covering the region of Melville. This residential area is known for its mix of residential neighborhoods and business office parks.
  • 11731: 11731 is a postal zip code located in Commack, New York, a suburban hamlet inside the Town of Huntington on Long Island NY. The region is recognized for its residential neighborhoods, schools, and closeness to parks and shopping malls.
  • 11732: 11732 is a zip postal code for Melville, a village in the Town of Huntington, Suffolk County, Long Island NY. It is known for its business campuses and proximity to major highways.
  • 11733: 11733 is a zip code for Eastport, a village in the Town of Brookhaven, Suffolk County, Long Island NY. It is situated on the south shore of Long Island.
  • 11735: 11735 is a zip code for Commack, a village located in the Town of Huntington, Suffolk County, Long Island NY. It's a residential area known for its schools, parks, and proximity to both New York City and the Long Island beaches.
  • 11736: 11736 is a Long Island NY zip code including portions of Hauppauge and Smithtown. It's a residential area with housing areas, companies, and access to major roadways.
  • 11737: 11737 is a zip code for Lake Grove, a village and CDP located in the Town of Brookhaven, Suffolk County, Long Island NY. It is recognized for its suburban nature and closeness to shopping centers such as the Smith Haven Mall.
  • 11738: 11738 is a Long Island NY zip code primarily covering Hauppauge, known for its industrial parks and commercial businesses. It also offers housing areas and convenient access to significant roadways.
  • 11739: 11739 is a post zip code for Lake Grove, a village and census-designated place located in the Town of Brookhaven, Suffolk County, Long Island NY. The area is recognized for its residential areas and proximity to shopping malls like the Smith Haven Mall.
  • 11740: Dix Hills, NY is situated inside the 11740 zip code. The region is an affluent suburban community with top-rated schools.
  • 11741: 11741 is a zip code located in Holbrook, New York, a village within the town of Islip on Long Island NY. It is primarily a residential area with schools, parks, and local businesses.
  • 11742: 11742 is a zip code situated in Long Island NY. It mainly includes the town of Hauppauge, recognized for its industrial parks and housing.
  • 11743: 11743 is the zip postal code for Hauppauge, a hamlet in the Town of Smithtown, situated in Suffolk County, Long Island NY. Hauppauge is recognized for its industrial complex and commercial enterprises.
  • 11745: 11745 is a Long Island NY zip code associated with Hauppauge. It's a residential area with a combination of housing and business properties.
  • 11746: 11746 is a postal code located in Long Island NY, specifically in the town of Hauppauge. It is located within Suffolk County and is part of the Smithtown area.
  • 11747: Port Jefferson Station, NY, 11747, is a residential community with a mix of homes and shops. It offers a blend of small-town charm and convenient access to Long Island NY's amenities.
  • 11749: 11749 is a post code situated in Long Island NY, particularly in the town of Miller Place. This is a residential area with residential neighborhoods and nearby businesses.
  • 11750: 11750 is a zip code located in Long Island NY, NY, encompassing the hamlet of Lake Grove and portions of Centereach. It is situated within the Town of Brookhaven in Suffolk County.
  • 11751: 11751 is a post code for Long Island NY, encompassing areas such as Holbrook. This region offers a suburban environment with entry to parks, schools, and local companies.
  • 11752: Port Jefferson Station, NY 11752 is a village on Long Island NY. It offers a mix of suburban living and closeness to the Long Island Sound.
  • 11753: Port Jefferson Station, NY 11753 provides a suburban setting with entry to the shore and the Long Island Rail Road. Locals enjoy local shops, restaurants, and closeness to Stony Brook University.
  • 11754: 11754 is a postal code for Lake Grove, a hamlet and census-designated place in Suffolk County, Long Island NY. It's known for its suburban areas and proximity to shopping centers such as the Smith Haven Mall.
  • 11755: The Port Jefferson Station area, located in Long Island NY, employs the postal code 11755. This location offers a combination of residential neighborhoods and local businesses.
  • 11756: 11756 is a post code for Kings Park, a hamlet in the town of Smithtown, Suffolk County, Long Island NY. It is well known for its residential character and closeness to the Nissequogue River State Park.
  • 11757: 11757 is a Long Island NY post code encompassing Melville, known for its business parks and suburban neighborhoods. It's located in the town of Huntington within Suffolk County.
  • 11758: 11758 is a Long Island NY post zip code mainly servicing the area of Laurel. It's a largely domestic area with a mix of detached homes and a few farms.
  • 11760: 11760 is a post code situated in Long Island NY, primarily catering to Nesconset. This area offers suburban living with access to parks, schools, and local businesses.
  • 11762: 11762 is a Long Island NY Post Code including Mount Sinai. It's located in Suffolk County.
  • 11763: 11763 is a Long Island NY zip code primarily serving Nesconset. It is a suburban area with housing neighborhoods and local businesses.
  • 11764: 11764 is a Long Island NY Post Code associated with Nesconset. It is located in Suffolk County.
  • 11765: 11765 is a post code for Nesconset, a village in the Town of Smithtown, Suffolk County, Long Island NY. It's a suburban area well-known for its residential neighborhoods and closeness to parks and beaches.
  • 11766: 11766 is a post zip code for Miller Place, a small town and CDP located on the North Shore of Long Island NY. The region offers a blend of suburban life with entry to beaches and local parks.
  • 11767: 11767 is a postal code for Nesconset, a small town and census-designated place in Suffolk County, Long Island NY. It is a suburban area with housing neighborhoods and nearby businesses.
  • 11768: 11768 is a Long Island NY post code including Nesconset and a part of Smithtown. It's a suburban area with housing neighborhoods and local businesses.
  • 11769: 11769 is a postal code situated in Miller Place, Long Island NY. It's a suburban region known for its residential areas and closeness to the Long Island Sound.
  • 11770: 11770 is a post number for Patchogue, a town in Suffolk County, Long Island NY. It's recognized for its vibrant downtown area, waterfront views, and ferry service to Fire Island.
  • 11771: 11771 is a post code for Smithtown, a city on the North Shore of Long Island NY. It's known for its suburban character and proximity to the Long Island Sound.
  • 11772: 11772 is a zip code situated in Middle Island, Long Island NY. This region offers a mix of residential areas and local businesses.
  • 11775: Melville, NY, 11775, represents a vibrant Long Island hamlet recognized for its corporate parks and residential communities. It features a combination of business and residential living, offering access to both job opportunities and kid-friendly amenities.
  • 11776: 11776 is a zip postal code for Smithtown, a suburban town in Suffolk County, Long Island NY. The region features a mix of housing neighborhoods, parks, and commercial districts.
  • 11777: 11777 is a zip code located in Smithtown, NY, on Long Island NY. It's a residential area with residential neighborhoods and local businesses.
  • 11778: Port Jefferson, NY 11777 is a lively village with a sea-related history and a beautiful harbor. It provides a variety of shops, eateries, and cultural attractions.
  • 11779: 11779 is a zip code situated in Manorville, Long Island NY. This region is known for its residential and rural character, featuring residential communities and green areas.
  • 11780: Port Jefferson, NY 11777 is situated on the North Shore of Long Island NY and offers a combination of maritime history and contemporary amenities. It has a walkable downtown area with stores, restaurants, and ferry access to Connecticut.
  • 11782: Commack, NY 11782 is a residential area in Suffolk County, Long Island NY. It offers a mix of residential neighborhoods, parks, and businesses.
  • 11783: The 11783 zip code encompasses Smithtown, a suburban area in Suffolk County, Long Island NY. It offers a blend of housing neighborhoods, parks, and local businesses.
  • 11784: Port Jefferson NY 11777 is positioned on the North Shore of Long Island NY. It is a historical village with a lively port and ferry service to Bridgeport, CT.
  • 11786: Port Jefferson Station, located in Long Island NY, is identified by the 11786 zip code. It is well-known for its closeness to the Long Island Sound and various parks.
  • 11787: 11787 is a Long Island NY zip code mainly encompassing the town of St. James. It is located in Suffolk County and is recognized for its residential nature.
  • 11788: 11788 is a post code for Smithtown, a town situated in Suffolk County, Long Island NY. It covers a mix of residential areas, business districts, and natural landscapes.
  • 11789: 11789 is the post code for Miller Place, a hamlet situated on the North Shore of Long Island NY. The region is known for its historic origins, picturesque views, and proximity to the Long Island Sound.
  • 11790: Melville New York, 11747 is a suburban area recognized for its business parks and closeness to major highways. It provides a mix of housing developments and business expansion.
  • 11791: Melville, NY 11747 is a suburban area known for its corporate parks and housing communities. It provides a blend of business and suburban living.
  • 11792: Located in Melville, NY 11747 is a suburban hamlet within the Town of Huntington, known for its corporate parks and proximity to major highways. The area provides a blend of residential areas, business prospects, and access to Long Island NY amenities.
  • 11793: Melville, NY, 11793, is a suburban Long Island community famous for its corporate parks and main offices. It provides a blend of residential areas, shopping centers, and easy access to major highways.
  • 11794: 11794 is a postal zip code in Suffolk County, Long Island NY, New York, including the village of Stony Brook. It's known for Stony Brook University and its proximity to the Long Sound.
  • 11795: Melville, NY 11795 is a residential area in the town of Huntington, known for its business parks and residential communities. It offers a mix of commercial and residential environments with access to major highways and Long Island NY amenities.
  • 11796: Melville, NY 11796 is a suburban Long Island area known for its corporate parks and proximity to major highways. It offers a mix of residential areas, business opportunities, and access to Long Island NY's amenities.
  • 11797: 11797 is a zip code primarily encompassing Stony Brook, a hamlet and CDP on Long Island NY's North Shore. It's home to Stony Brook University and Stony Brook University Hospital.
  • 11798: NY's Port Jefferson Station is located within the 11798 ZIP code. It's a suburban area in Suffolk County on Long Island NY's North Shore.
  • 11801: Port Washington, NY 11050 is a dynamic suburban town featuring a blend of homes, parks, and a thriving Main Street. It offers waterfront views and a powerful sense of community.
  • 11802: Port Washington, NY 11050 is located on the North Shore of Long Island NY. It's famous for its harbor views, parks, and closeness to New York City.
  • 11803: 11803 is a postal code primarily for Hicksville, a hamlet and census-designated place in the Town of Oyster Bay, Nassau County, Long Island NY. This area is known for its suburban character and proximity to New York City.
  • 11804: PW, NY, 11804 is a suburban community on the North Shore of Long Island NY. Known for its harbor views and proximity to New York City, it offers a combination of housing developments and shops.
  • 11815: 11815 is a postal code mainly serving Plainview, a hamlet in Nassau County, Long Island NY. It's a suburban residential area known for its schools and community parks.
  • 11854: Port Jefferson Station, NY, 11776 offers a residential feel with entry to Long Island NY's north shore. Residents relish nearby stores, eateries, and nearby beaches.
  • 11901: 11901 is a post code for Aquebogue, a hamlet and census-designated place situated in the Town of Riverhead, Suffolk County, on Long Island NY. The area is known for its wine producers, farms, and closeness to the Long Island Sound.
  • 11930: 11930 is a zip code for Bridgehampton, a village located in the Hamptons on Long Island NY's South Fork. It's famous for its upscale homes, beaches, and golf courses.
  • 11931: 11931 is the zip postal code for Bridgehampton, a village in the Hamptons recognized for its beautiful beaches and upscale homes. It is a popular summer destination for rich New Yorkers in Long Island NY.
  • 11932: 11932 mainly includes the village of Calverton in Suffolk County, Long Island NY. This region is recognized for its mix of housing developments, farmland, and the Calverton Executive Airpark.
  • 11933: 11933 is a zip postal code situated in the village of Calverton, a portion of the Town of Riverhead on Long Island NY. This area is recognized for its blend of residential areas and agricultural property, containing farms and vineyards.
  • 11934: 11934 is a zip code located in Cutchogue, a hamlet on the North Fork of Long Island NY. It's famous for its wineries, farms, and proximity to the Longisland Sound.
  • 11935: 11935 is a zip code primarily serving Bridgehampton, a village in the Town of Southampton, Suffolk County, Long Island NY. It is recognized for its high-end housing areas, beautiful beaches, and historical landmarks.
  • 11936: 11936 is the postal code for Sag Harbor, a town in Suffolk County, Long Island NY. It is a historic whaling and fishing village with a vibrant arts scene and beautiful waterfront.
  • 11937: 11937 is a post code for Montauk, a village in the municipality of East Hampton, Suffolk County, Long Island NY. It is famous for its beaches, angling, and the Montauk Point Lighthouse.
  • 11938: 11938 is a postal code for Orient, a hamlet situated on the North Fork of Long Island NY. It is recognized for its historic architecture and scenic waterfront.
  • 11939: 11939 is the zip postal code for Sagaponack, a town in the Hamptons on Long Island NY's South Fork. It's recognized for its wealthy residents, gorgeous beaches, and potato fields.
  • 11940: 11940 is a zip code located in Long Island NY, NY, particularly encompassing the Hampton Bays area. It is a lively shoreline community recognized for its beaches and waterfront actions.
  • 11941: 11941 is a postal code located in Long Island NY, specifically encompassing the region of East Quogue. It is a shoreline town famous for its sands and relaxed ambiance.
  • 11942: 11942 is a post code located in Long Island NY, specifically in Greenport. This area is famous for its nautical history, vineyards, and pleasant village atmosphere.
  • 11944: 11944 is the Post Code for Greenport, a town located on the North Fork of Long Island NY. It's a heritage maritime community known for its vineyards, breweries, and beautiful waterfront.
  • 11946: 11946 is a postal code situated in Shelter Island, a tiny island town in Suffolk County, Long Island NY. Known for its natural charm, it's accessible by ferry and provides a peaceful getaway.
  • 11947: 11947 is a postal code situated in East Quogue, New York, a village on the south shore of Long Island NY. It includes a mainly housing area with entry to beaches and waterways.
  • 11948: 11948 is the post number for Remsenburg, a hamlet on the south coast of Long Island NY. It is known for its waterfront real estate and proximity to Westhampton Beach.
  • 11949: 11949 is a zip code for Orient, a village located on the North Fork of Long Island NY. It's known for its historic buildings, farms, and water's edge views.
  • 11950: 11950 is a post code for Mattituck, a hamlet and census-designated place situated on the North Fork of Long Island NY. The area is known for its wineries, farms, and properties near the water.
  • 11951: 11951 is the postal code for Mattituck, a village and census-designated place on the North Fork of Long Island NY. It's known for its wine cellars, farms, and views of the water along the Long Island Sound.
  • 11952: 11952 is a zip code mainly covering Mattituck, NY, a village in the municipality of Southold on the North Fork of Long Island NY. It's well-known for its wineries, farms, and waterfront properties along the Long Island Sound.
  • 11953: 11953 is a post code of Mattituck, a village and census-designated place located on the North Fork of Long Island NY. The area is famous for its vineyards, farms, and waterfront properties.
  • 11954: 11954 is a post code for Mattituck, a hamlet and CDP situated on the North Fork of Long Island NY. It is known for its vineyards, farms, and waterfront scenery along the Long Island Sound.
  • 11955: 11955 is a zip code mainly serving Mattituck, a hamlet on the North Fork of Long Island NY, famous for its wineries and farms. It provides a mixture of rural appeal and coastal living with entry to beaches and local businesses.
  • 11956: 11956 is a zip code for Shelter Island, a village and island at the eastern end of Long Island NY. It's known for its rural character and ferry access to the North and South Forks.
  • 11957: 11957 is a postal code for Mattituck, a hamlet and census-designated place situated on the North Fork of Long Island, New York. This region is famous for its wineries, farms, and waterfront views beside the Long Island Sound.
  • 11958: East Marion, NY 11958 is a picturesque hamlet on the north shore of Long Island NY. Recognized for its beautiful views of the water and rich farming history, it offers a peaceful, rural atmosphere.
  • 11959: Melville, NY 11747 is a hamlet in the Town of Huntington, Suffolk County, Long Island NY. The area is popular for its business parks and housing communities.
  • 11960: 11960 is a postal code mainly catering to the area of Remsenburg, New York, situated on Long Island NY. This area offers a blend of housing and shoreline surroundings.
  • 11961: 11961 is a zip code located in Remsenburg, New York, a village on the south coast of Long Island NY. It's known for its affluent neighborhoods and closeness to Moriches Bay.
  • 11962: 11962 is a postal code primarily serving the area of Remsenburg, New York, located on the south shore of Long Island NY. This region is known for its waterfront real estate and affluent housing community.
  • 11963: 11963 is the post code of Orient, a hamlet located on the North Fork of Long Island NY. It is recognized for its picturesque waterfront and historic architecture.
  • 11964: 11964 is a post code for Remsenburg, a village in Suffolk County, Long Island NY. It's a tiny, affluent community famous for its shorefront properties and proximity to the Hamptons.
  • 11965: 11965 is a zip code mainly situated in Suffolk County, New York, specifically within the town of Riverhead. This region includes a blend of housing neighborhoods, commercial areas, and agricultural land.
  • 11967: 11967 is the post code for Remsenburg, a hamlet on the south shore of Long Island NY. It's famous for its waterfront real estate and quiet, residential atmosphere.
  • 11968: 11968 is a Post Code located in Remsenburg, NY, a village on Long Island NY's south shore. It is a primarily residential area recognized for its waterfront properties and proximity to Moriches Bay.
  • 11969: 11969 is a zip code for Sag Harbor, a village in Suffolk County, Long Island NY. It's a historic whaling town and famous tourist destination recognized for its shops, restaurants, and waterfront.
  • 11970: 11970 is a zip postal code for Sag Harbor, a village in Suffolk County, Long Island NY. It's a historic whaling town and well-known location in the Hamptons.
  • 11971: 11971 is a postal code mainly supporting the community of Sag Harbor, situated in Suffolk County, Long Island NY. It includes a historic town recognized for its maritime heritage, high-end shops, and beautiful port.
  • 11972: 11972 is a zip code for Sag Harbor, a village in Suffolk County, Long Island NY. It's a historic port community known for its whaling history and upscale shops.
  • 11973: 11973 is a zip code located in Southold, a town on the North Fork of Long Island NY. The region is known for its vineyards, farms, and picturesque waterfront vistas.
  • 11975: Farmingville, New York 11975 gives a residential setting with entry to local parks and public events. People appreciate proximity to major roadways for simple travel within Long Island NY.
  • 11976: 11976 is a zip code mainly servicing the village of Remsenburg in Suffolk County, Long Island NY. The region is well-known for its waterfront properties and closeness to Moriches Bay.
  • 11977: 11977 is a zip code for Sag Harbor, a town in Suffolk County, Long Island NY. It's a historic whaling and artist community with shops, restaurants, and waterfront views.
  • 11978: 11978 is a zip code primarily serving the village of Remsenburg, situated on the south shore of Long Island NY. The region is known for its waterfront properties and closeness to Moriches Bay.
  • 11980: 11980 is a zip code primarily serving Westhampton, NY, a hamlet on the south coast of Long Island NY. This region offers a combination of residential neighborhoods and commercial areas close to the Atlantic Ocean.

Essential Property Management

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775 Brooklyn Ave Suite 103, Baldwin, NY 11510, United States

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essential-propertymanagement.com

essential-propertymanagement.com

+1 516-868-5224

M94R+RH Baldwin, New York, USA

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"Shen and company are highly professional group of property managers."

"Quality, Professional and Responsive people 👏👌👍."

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Greg Orlando

3 reviews

10 months ago

Hello. Essential Property Management was an invaluable resource when I (temporarily) moved from my house. … More

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Latricia Morgan

1 review

a year ago

The communication and business etiquette is top tier.

This property management company moves quickly and efficiently to meet all of your needs. … More

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Farz D

Local Guide · 55 reviews · 30 photos

4 years ago

Working alongside Shen for over two years has been a pleasure, especially when it comes to accounting and maintenance requests. He is very efficient and shows this efficiency under pressure. When it comes to complex situations with … More

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Property Management for Brooklyn, Queens, Nassau and Suffolk County

MANAGEMENT

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Looking for your next rental around New York City or Long Island?

Full Service Property Management

If you are a property owner, Condo, or Co-op in Brooklyn, Queens, Nassau and Suffolk County, we can help you. As a full-service management company, we will protect your properties while maximizing your return on investment. We manage both single and multi-unit properties, as well as commercial properties.

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Commercial Property Management

Essential Property Management can help you manage your commercial property in Long Island or New York City. Our goal is to maximize your profits while minimizing your expenses and reducing your stress.Our professional services include rental marketing, financial reporting, tenant screening, collecting rent, and more. We strive to maintain the highest level of accountability in all of our work. Give us a call and let us manage your commercial property for you!

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What We Do

We are a full-service property management company that can help you handle every task required to manage a property professionally and efficiently. With over 25 years of real estate experience, we understand how to succeed in the industry.

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PROPERTY MANAGEMENT

At Essential Property Management, we know the importance of proper marketing of your rental units. Our skilled and experienced property managers can professionally and successfully market any vacant property. With various resources and strategies, we know how to attract quality renters. As a result, your property won’t be vacant for long, and you will maximize your return on your investment.

CONTACT US

Our Clients Trust Us

Essential Property Management LLC has been managing our building here in Brooklyn for many years now doing an exceptional job. Shen Rajcooar has helped our board implement strategies to improve our building needs and customer service. While still seeing our structure projects and keeping us up to date with what’s going on in our community. We are very pleased with their service and hard work ethics.

Gerardo Silva

I work as a contractor at several properties managed by Essential Property Management LLC. When Shen took over the prior company years ago, he brought it into the 21st century and made my life a lot easier when handling his accounts. I used to have to deal with owners of the buildings, the residents and Boards, often burdening myself. Shen takes the guesswork out of it with a meeting of the minds in as little time as possible. That means less down time and more of getting the job done. Also I used to have to wait for checks in the mail, now I get paid directly to my bank. Thanks Shen, you deserve it.

Tony Ala, A&Z Painting Contracting Corp.

Shen is terrific in responding fast, to emergencies or everyday issues alike. He does his homework on collecting quotes to reduce costs. His accounting is detailed and he is happy to explain every detail to new board members. He never drops the ball on any task and does not need reminders. For our small 8 unit building he has been a perfect fit.

Lucas Parra

ENJOY SUCCESS AND PEACE OF MIND

At Essential Property Management, our professional and experienced team has all the knowledge required to help you succeed. We are experts when it comes to maximizing your investments. Also, our property management services are aimed at helping you with the various critical areas of owning a rental property. We can help you minimize your vacancies, find desirable tenants, preserve your property’s value, and lower your tenant turnover rates. We do all of this while guaranteeing a high level of accountability and open communication.
So, if you’re looking for a rental property management company who will help reduce your stress and maximize your ROI, look no further. We guarantee that by working with us, you will enjoy both success and peace of mind.

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Property management

From Wikipedia, the free encyclopedia
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Find sources: "Property management" – news · newspapers · books · scholar · JSTOR (December 2024) (Learn how and when to remove this message)

Property management is the operation, control, maintenance, and oversight of real estate and physical property. This can include residential, commercial, and land real estate. Management indicates the need for real estate to be cared for and monitored, with accountability for and attention to its useful life and condition. This is much akin to the role of management in any business.

Property management is the administration of personal property, equipment, tooling, and physical capital assets acquired and used to build, repair, and maintain end-item deliverables. Property management involves the processes, systems, and workforce required to manage the life cycle of all acquired property as defined above, including acquisition, control, accountability, responsibility, maintenance, utilization, and disposition.

An owner of a single-family home, condominium, or multi-family building may engage the services of a professional property management company. The company will then advertise the rental property, handle tenant inquiries, screen applicants, select suitable candidates, draw up a lease agreement, conduct a move-in inspection, move the tenant(s) into the property and collect rental income. The company will then coordinate any maintenance issues, supply the owner(s) with financial statements and any relevant information regarding the property, etc.

Roles

[edit]

This profession has many facets, including managing the accounts and finances of real estate properties and participating in or initiating litigation with tenants, contractors, and insurance agencies. Litigation is sometimes considered a separate function set aside for trained attorneys. Although a person will be responsible for this in their job description, there may be an attorney working under a property manager. Special attention is given to landlord/tenant law; most commonly, evictions, non-payment, harassment, reduction of pre-arranged services, and public nuisance are legal subjects that gain the most attention from property managers. Therefore, it is a necessity that a property manager is current with applicable municipal, county, state, and Federal Fair Housing laws and practices.

Licensing

[edit]

Australia

[edit]

Every state of Australia except South Australia requires a license to manage property. This is to ensure that a property manager is as well prepared for the job as possible. (There may be exceptions, like managing an extremely small property for a relative.) In South Australia, a property management business must be run by a registered land agent.[1]

Canada

[edit]

In Canada, the laws governing property management and landlord/tenant relations are, generally speaking, a Provincial responsibility.[citation needed] Each Province and Territory makes its own laws on these matters. In most cases, any person or company can offer property management services, and there are licensing requirements.[citation needed] Other than specific laws in each Province and Territory governing these matters, they are governed by English Common Law, except in the province of Quebec, where the Civil Code is used in place of English Common Law.[citation needed] In some cities, the Provincial Legislation is supplemented by City by-laws.

British Columbia

[edit]

The licensing of property managers is regulated by the provincial government and licensing by the BCFSA is a regulatory agency established by the provincial government. Its mandate is to protect the public interest by enforcing the licensing and licensee conduct requirements of the Real Estate Services Act. The BCFSA is responsible for licensing individuals and brokerages engaged in real estate sales, rental and strata property management. The BCFSA also enforces entry qualifications, investigates complaints against licensees and imposes disciplinary sanctions under the Act.

The BCFSA is responsible for ensuring that the interests of consumers who use the services of real estate licensees are adequately protected against wrongful actions by the licensees. A wrongful action may be deliberate or may be the consequence of inadequate exercise of reasonable judgment by a licensee in carrying out their duties and responsibilities.

The BCFSA is responsible for determining what is appropriate education in real estate matters for individuals seeking to be licensed as real estate practitioners and arranging for licensing courses and examinations as part of the qualification requirement for licensing. Under the authority of the BCFSA, licensing courses are delivered by the UBC Sauder School of Business, Real Estate Division.

Ontario

[edit]

In Ontario, no licensing is required to operate; however, ACMO—the Association of Condo Managers of Ontario—is a self-governing body for certification and designation of its members who run buildings with more than 600 units. (RECO), the Real Estate Council of Ontario, regulates licensed realtors in Ontario. The provincial government is revising its condominium act. After public consultation, it hopes to put forth legislation during the 2015–2016 session requiring Condo Management firms and staff or condo employees and boards to be accredited.

Saskatchewan and Alberta

[edit]

Both require property managers to hold a real estate license.

Germany

[edit]

In Germany, property management is divided into the areas of home owner's association management (WEG-Verwaltung), rental management (Mietverwaltung), and special property management (Sondereigentumsverwaltung) with different clients and tasks. Since 2018, a license in accordance with the Trade Regulation Act (§ 34 C GewO) is mandatory for property managers. This requires sufficient insurance as well as sound financial circumstances and reliability. There are no requirements regarding professional trainings or degrees. However, there is a training obligation of twenty hours within a period of three years. Receiving a license as a property manager in Germany is accompanied by membership of the relevant chamber of industry and commerce.[2]

Hong Kong

[edit]

In Hong Kong, property management companies (PMCs)[3] and property management practitioners (PMPs)[4] are regulated under the Property Management Services Ordinance (PMSO) (Chapter 626 of the Laws of Hong Kong),[5] which was enacted in 2016. Only some sections under the PMSO have commenced operation and they are the ones concerning the establishment of the Property Management Services Authority (PMSA) as the regulator for the industry. Apart from establishing the PMSA, the PMSO provides a legal framework for the regulatory regime, and the details of the regime, including the licensing criteria for PMCs and PMPs, are being formulated by the PMSA (public consultation underway[6]) and will be set out in subsidiary legislation. Other sections of the PMSO will commence operation after the subsidiary legislation is passed by the Legislative Council of Hong Kong and commences operation.

Certain classes of persons are exempt from the licensing requirement.[7] Those not exempt are required to obtain a license, and failure to do so is a criminal offence subject to a maximum penalty of a fine of HK$500,000 and imprisonment for two years.[8] Those who are licensed are subject to disciplinary actions (including verbal warning, written reprimand, penalty up to HK$300,000, imposition of a condition on licence, suspension and revocation of licences[9]) by the PMSA if they commit a "disciplinary offence" as defined under section 4 of the PMSO.[10] The PMSA may issue codes of conduct containing practical guidance to licensees, including the matters that the PMSA considers to be relevant to determining whether a licensee has committed a disciplinary offence.[11]

Under the PMSO, property management services (PMSs) are to be prescribed under seven specified categories[12][13] as follows:

  1. General management services relating to a property;
  2. Management of the environment of a property;
  3. Repair, maintenance and improvement of a property;
  4. Finance and asset management relating to a property;
  5. Facility management relating to a property;
  6. Human resources management relating to personnel involved in the management of a property; and
  7. Legal services relating to the management of a property.

Only those PMCs providing PMSs falling within more than one category of PMSs are required to be licensed,[14] and individuals who assume a managerial or supervisory role in these PMCs are also required to be licensed.[15] In other words, PMCs providing PMSs falling within only one category of PMSs are not required to be licensed, and individuals working in the front line without assuming a managerial or supervisory role are not required to be licensed either. All types of properties (i.e. whether residential, commercial or otherwise) are covered by the PMSO, but "property" is given a technical meaning and refers to those which have a deed of mutual covenant (DMC) (a document containing terms that are binding on all flat owners of a multi-unit or multi-story building[16]) since only PMSs provided to buildings with multi-ownership are intended to be regulated.[17] In other words, PMCs and PMPs providing PMSs to properties without a DMC are not to be regulated under the PMSO.

India

[edit]

In India, there is no statutory regulation of property management companies, real estate agents or developers. In 2013, a Real Estate Regulation and Development Bill was passed by the Union Cabinet but has yet to take effect. The bill seeks to set up 3 regulatory bodies in the country. The Real Estate Regulation and Development Bill was passed by the Union Cabinet in early 2016 and this is expected to bring about a sea change in the management of real estate in India.[citation needed]

Ireland

[edit]

In the Republic of Ireland, there is no legal obligation to form a property management company. However, management companies are generally formed to manage multi-unit developments and must then follow the general rules of company law in terms of ownership and administration.

Since July 2012, it has become mandatory for all property service providers, including property management companies, to be registered and fully licensed by the Property Services Regulatory Authority of Ireland.

The National Consumer Agency (NCA) has campaigned in this area, and in September 2008 it launched a website explaining consumer rights. The NCA does not have a legislative or regulatory function in the area, unless a consumer complaint is in relation to a breach of consumer law.

Kenya

[edit]

In Kenya, the Estate Agents Registration Board (EARB)[18] is the regulatory body for estate agency practice, and it derives its mandate from the Estate Agents Act, 1984, Cap 533,[19] which was operationalized[clarification needed] in 1987. Under that Act, the Board is responsible for registering estate agents and ensuring that the competence and conduct of practicing estate agents are good enough to ensure the protection of the public. The Board also keeps a list of registered members on its website that is accessible to members of the public, in accordance with Section 9 of the Estate Agents Act.[20] The Board recently[when?] drafted a proposal with a set of amendments to the Estate Agents Act.[21]

Associations that real estate agents and property developers can join include:

  • the Kenya Property Developers Association (KPDA).[22] KPDA was established in Nairobi in 2006 as the representative body of the residential, commercial, and industrial property development sector in Kenya. It is an emerging business member organisation that works in proactive partnership with policymakers, financiers, and citizens to ensure that the property development industry grows rapidly but in an organised, efficient, economical, and ethical manner.
  • the Kenya Professional Realtors Association (KPRA).[23] KPRA is a professional organization that advances real estate professional services for real estate professionals who buy, sell, and manage real estate and related businesses. KPRA provides a variety of services to its members, including professional designation, training certification, education, and legislative representation, as well as membership in local and regional businesses affiliated with KPRA.

New Zealand

[edit]

Commercial Property Management leasing agents in New Zealand are required to have a real estate agents licence and operate an audited trust bank account. Commercial leases are covered by the Property Law Act 1952.

Residential property management in New Zealand is an unlicensed and unregulated industry. Property managers in New Zealand do not require any registration or minimum knowledge or skill. The New Zealand Government reviewed whether all forms of property management need any legislation.[24] Following completion of the review, the Associate Minister of Justice, Hon Nathan Guy, announced on 2 July 2009 that no new occupational regulation would be imposed on property managers[25] in part due to there already being existing laws which could be used to protect consumers.

New Zealand licensed Real Estate Agents may offer Residential Property Management service with qualified Real Estate Agents as Property managers or property manager's working under the Licensed Real estate agency. Member Agents are supposed to adhere to the Real Estate Institute of New Zealand property management code of practice,[26] which, according to the REAA, outlines industry best practices for dealing with the public. Critics state the Real Estate Agents Authority complaint committee as having less scope or jurisdiction for adverse judgement against negligent Property Management licences as they would otherwise to those in "real estate agency work",[27] Unsatisfactory property management conduct cases can receive findings of "no further action" as opposed to "unsatisfactory conduct"[28] due to "conduct unrelated to estate agency work".[29] Best practice guidelines[26] imply Licensed Real Estate agencies conducting property management business should collect rent through an audited trust account, which brings some certainty to the security of the Landlord and Tenants rental Monies, though REAA cases, implies that this is not always so.[29]

The Residential Tenancies Act 1986 sets out the rights and responsibilities of residential landlords and tenants, including the requirement to have a written tenancy agreement and the need to lodge tenancy bonds (if one is required) with the Ministry of Business, Innovation and Employment. The Tenancy Tribunal[30] and its adjudicators/mediators hear and make judgement on disputes (between landlord and tenants) in relation to any breaches of The Residential Tenancies Act 1986 and The Unit Titles Act 2010.

On July 1, 2019, the Healthy Homes Standards became law. The healthy homes standards introduce specific and minimum standards for heating, insulation, ventilation, moisture ingress and drainage, and draft stopping in rental properties. All private rentals must comply within 90 days of any new or renewed tenancy after 1 July 2021, with all private rentals complying by 1 July 2024[31]

The Unit Titles Act 2010 sets out the law for the ownership and management of unit title developments, where multiple owners each hold a unit title. The Act covers the set-up of such developments, body corporate governance, the rights and obligations of the body corporate and unit owners, disclosure between buyers and sellers, dispute resolution, etc. The Unit Titles Regulations 2011 provide operational guidelines. The body corporate is responsible for financial and administrative functions relating to the common property and the development. All unit owners are members of the body corporate. A body corporate can delegate some of its powers and duties to a body corporate committee and a professional body corporate manager may be contracted to provide services.[32]

Panama

[edit]

No license is required to manage properties in Panama, as long as the company is focused on managing properties. Nevertheless, a real estate company that plans to buy and sell properties requires a license.

Romania

[edit]

No specific regulatory or licensing body exists at this time (November 2012). However, under financial business law, any business offering Property Management as a chargeable, fee-earning act of commerce may only do so if such services are listed in their Company Acts of Constitutions, i.e., legally pre-declared list of business activities. Under Romanian law, no business can derive income from any such service that is not declared in this way and should be demonstrable upon request by the client of legal entities.

United Kingdom

[edit]

In the United Kingdom, there is no statutory regulation concerning property management companies. Companies that manage rented residential property are often members of the Association of Residential Letting Agents. Companies or individual landlords who accept tenancy deposits for "assured shorthold tenancies" (the usual form of residential tenancy) are required by statute to be members of a Tenancy Deposit Scheme.

United States

[edit]

Most states, such as New York[33] and Colorado,[34] require property management companies to be licensed real estate brokers if they are collecting rent, listing properties for rent, or helping negotiate leases and doing inspections as a third-party. A property manager may be a licensed real estate salesperson but generally they must be working under a licensed real estate broker. Most states have a public license check system online for anyone holding a real estate salesperson or real estate broker's license.[35] A few states, such as Idaho, Maine, and Vermont, do not require property managers to have real estate licenses. Other states, such as Montana, Oregon, and South Carolina, allow property managers to work under a property management license rather than a broker's license. Some states, like Pennsylvania, allow property managers to work without a real estate license if they do not negotiate leases, hold tenants' money, or enter into leases on the property owner's behalf.

Owners who manage their own property are not required to have a real estate license in many states; however, they must at least have a business license to rent out their own home. Owners who do not live near the rental property may be required, by local government, to hire the services of a property management company.[citation needed] Some states with high tourism numbers, such as Hawaii,[36] have strict property management rules.

In California, third-party apartment property managers must be licensed with the California Bureau of Real Estate as a real estate broker. A broker's license is required for any person or company that, for compensation, leases or rents or offers to lease or rent, or places for rent, or solicits listing of places for rent, or solicits for prospective tenants, or negotiates the sale, purchase, or exchange of leases on real property, or on a business opportunity, or collects rents from real property, or improvements thereon, or from business opportunities.[37] California Code of Regulations, Title 25, Section 42, requires property owners of apartment buildings with 16 or more units to have on-site resident managers living on their properties. There is no such requirement for apartment buildings with less than 16 units.[38]

The designation Real Estate Broker is often confused by those unfamiliar with terms of the industry such as Realtor, real estate agent, or real estate salesperson, and definitions vary from US state to state.

Professional designations

[edit]

[Are these all in the US, or what?]

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Building Owners and Managers Association (BOMA International) offers industry-standard designations that certify the training to property managers:[39]

  • Real Property Administrator (RPA)
  • Facilities Management Administrator (FMA)
  • Systems Maintenance Administrator (SMA)
  • Systems Maintenance Technician (SMT)

Institute of Real Estate Management (IREM)

  • Certified Property Manager (CPM)
  • Accredited Residential Manager (ARM)
  • Accredited Commercial Manager (ACoM)
  • Accredited Management Organization (AMO)

Manufactured Housing Institute (MHI)

  • Accredited Community Manager (ACM)
  • Professional Housing Consultant (PHC)

National Apartment Association (NAA) has the following designations:

  • Certified Apartment Manager (CAM)
  • Certified Apartment Property Supervisor (CAPS)
  • Certificate for Apartment Maintenance Technicians (CAMT)
  • National Apartment Leasing Professional (NALP)

National Association of Residential Property Managers (NARPM) offers designations to certify ethical and professional standards of conduct for property managers:[40]

  • Residential Management Professional (RMP)[41]
  • Master Property Manager (MPM)[42]
  • Certified Support Specialist (CSS)[43]
  • Certified Residential Management Company (CRMC)[44]
  • Certified Maintenance Coordinator (CMC)[45]
  • Certified Residential Management Bookkeeper (CRMB)[46]

State-specific designations include the following:

  • California Certified Community Association Manager (CCAM)
  • Florida Community Association Manager (CAM)
  • Minnesota Certified Community Association Manager (CCAM)
  • Minnesota: Certified Residential Manager (CRM)

The Community Associations Institute also has designations in the United States for residential property managers who manage planned communities such as Condominiums, homeowner associations, and Cooperatives. National designations include:

  • Association Management Specialist (AMS)
  • Certified Manager of Community Associations (CMCA)
  • Large Scale Manager (LSM)
  • Professional Community Association Manager (PCAM)—highest designation awarded.

The National Association of Home Builders has a specialized designation for the affordable housing industry through the Low Income Housing Tax Credit (LIHTC) program:

  • Housing Credit Certified Professional (HCCP)

In the UK:

In Kenya:

Property management software

[edit]
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Property management software continues to grow in popularity and importance. As it decreases in price, smaller companies and amateur property managers can function using some of the same best practices and efficiency as larger companies. Online asset management software (OPMS, or online property management software) has been a significant cause of the price declines. In addition to the core property management software options, a quickly growing number of closely related software products are being introduced to the industry.

A property management system, also known as a PMS, is a comprehensive software application used to cover objectives like coordinating the operational functions of the front office, bookings, communication with guests, planning, reporting, etc. This kind of software is used to run large-scale hotels and vacation properties.

Business models

[edit]
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Percentage of rent

[edit]

This is the most common model and is used by property management companies in the residential space that manage multi-home units and single-family homes. The property owner in this case signs a property management agreement with the company, giving the latter the right to let it out to new tenants and collect rent. The owners don't usually even know who the tenants are. The property management company usually keeps 10-15% of the rent amount and shares the rest with the property owner.

Fixed fee

[edit]

This is the most common revenue model used by companies when monitoring empty homes or empty land sites. The work here involves monitoring the property and ensuring that it is safe and secure, and reporting back to the owner. As there is no income from these properties, a fixed monthly fee is usually charged to the owner.

Guaranteed rent

[edit]

This model is also used in the residential space, but mostly for small units in high-demand locations. Here, the company signs a rental agreement with the owner and pays them a fixed rent. As per the agreement, the company is given the right to sublet the property for a higher rent. The company's income is the difference between the two rents. As is evident, in this case, the company minimizes the rent paid to the owner, which is usually lower than market rates.

Revenue share

[edit]

This model applies to the service apartment space and other commercial establishments, such as retail or business centers that generate revenue. In this case, the property manager signs an agreement with the property owner, with the right to convert the property into a revenue-generating business such as a business center, service apartment, etc. Instead of paying rent to the owner, the management company shares a percentage of revenue.[citation needed] There are also hybrid structures here, where a combination of a fixed rent and a share of revenue is shared with the property owner.[citation needed]

See also

[edit]

References

[edit]
  1. ^ "Property manager registration". www.sa.gov.au. Retrieved 2020-05-22.
  2. ^ Ritschel, Felix (2021-11-19). "Hausverwaltung - Aufgaben, Pflichten & mehr". Erste Hausverwaltung (in German). Retrieved 2024-06-19.
  3. ^ A "property management company" is defined as "a business entity (whether a company, partnership or sole proprietorship) that carries on the business of providing property management services" under section 2 of the Property Management Services Ordinance
  4. ^ A "property management practitioner" is defined as "an individual who assumes a managerial or supervisory role in a property management company in relation to property management services provided by the company" under section 2 of the Property Management Services Ordinance
  5. ^ "Chapter 626 of the Laws of Hong Kong". Hong Kong e-Legilsation. Retrieved 6 January 2019.
  6. ^ "Licensing Regime Consultation". Property Management Services Authority. Retrieved 6 January 2019.
  7. ^ "Section 7 of the Property Management Services Ordinance".
  8. ^ "Section 6(4) of the Property Management Services Ordinance".
  9. ^ "Section 26 of the Property Management Services Ordinance".
  10. ^ "Section 4 of the Property Management Services Ordinance".
  11. ^ "Section 5 of the Property Management Services Ordinance".
  12. ^ "Section 3 of the Property Management Services Ordinance".
  13. ^ "Schedule 1 to the Property Management Services Ordinance".
  14. ^ "Section 7(2) of the Property Management Services Ordinance".
  15. ^ "Definition of "property management practitioner" under section 2 of the Property Management Services Ordinance".
  16. ^ "Deed of Mutual Covenant and Owners' Corporation". The Community Legal Information Centre operated by the Law & Technology Centre of the University of Hong Kong. Retrieved 6 January 2019.
  17. ^ "Definition of "property" under section 2 of the Property Management Services Ordinance".
  18. ^ "Estate Agents Registration Board (EARB)". estateagentsboard.or.ke. 25 October 2018. Retrieved 25 October 2018.
  19. ^ "Estate Agents Act Cap 533" (PDF). saccotek.co.ke.
  20. ^ "registered members list". estateagentsboard.or.ke. 25 October 2018. Retrieved 25 October 2018.
  21. ^ "Proposed Amendments to the Estate Agents Act Cap 533-2017" (PDF). saccotek.co.ke.
  22. ^ "Kenya Property Developers Association - Development Brings Development". kpda.or.ke. 25 October 2018. Retrieved 25 October 2018.
  23. ^ "KPRA - The Voice Of Real Estate Professionals In Kenya". Kangai Technologies. 25 October 2018. Retrieved 25 October 2018.
  24. ^ "Property managers review underway". The Beehive. Retrieved 2017-10-02.
  25. ^ "No additional regulation for property managers". The Beehive. Retrieved 2017-10-02.
  26. ^ Jump up to:a b "REINZ Property Management Code of Practice" (PDF).
  27. ^ "Consumer Article Property Management Complaints".
  28. ^ "Real Estate Agents Act 2008 No 66 (as at 01 September 2017), Public Act 72 Unsatisfactory conduct – New Zealand Legislation". www.legislation.govt.nz. Retrieved 2017-10-02.
  29. ^ Jump up to:a b "C07283 Abstract | Complaint Determinations | Real Estate Agents Authority". decisions.dotnous.com. Retrieved 2017-10-02.
  30. ^ "About the Tribunal | New Zealand Ministry of Justice". www.justice.govt.nz. Retrieved 2017-10-02.
  31. ^ "Healthy Homes Standards". Tenancy Services. Retrieved 11 July 2022.
  32. ^ "Building performance". Department of Building and Housing NZ.
  33. ^ Chasse, Terrance (2014-12-31). "New York State Property Management Law". NYCPP. all New York property management companies must posses [sic] a real estate broker's license. This license is required for such activities as renting to list, negotiating the rental of a property, collecting rent and placing tenants on behalf of a landlord client. There are very limited exemptions to this requirement.
  34. ^ "CP-27". colorado.gov. Archived from the original on 2 January 2015. Retrieved 2 January 2015. Pursuant to C.R.S. § 12-61-101(2)(a)&(b), the leasing and subsequent management of real estate for a fee or compensation, is included among the activities for which a license is required.
  35. ^ "Public License Information". California Bureau of Real Estate. Retrieved 24 March 2014.
  36. ^ "Hawaii Committees Pass New Versions of Vacation Rental Bills". U.S. News & World Report. 23 March 2017. Retrieved 21 March 2018.
  37. ^ "California Business and Professions Code Section 10131 – California Attorney Resources – California Laws". law.onecle.com.
  38. ^ POSTEMA, KEVIN (2 June 2002). "On-Site Managers Aren't Always Required". Los Angeles Times.
  39. ^ "About BOMA International". BOMA International. Retrieved 5 October 2015.
  40. ^ http://www.narpm.org/ National
  41. ^ "Residential Management Professional (RMP®) - National Association of Residential Property Managers®". Archived from the original on 2016-03-24. Retrieved 2016-03-29.
  42. ^ "Master Property Manager (MPM®) - National Association of Residential Property Managers®". Archived from the original on 2016-03-24. Retrieved 2016-03-29.
  43. ^ "Certified Support Specialist (CSS®) - National Association of Residential Property Managers®". Archived from the original on 2016-03-24. Retrieved 2016-03-29.
  44. ^ "Certified Residential Management Company (CRMC®) - National Association of Residential Property Managers®". Archived from the original on 2016-03-24. Retrieved 2016-03-29.
  45. ^ "Certified Maintenance Coordinator (CMC) - National Association of Residential Property Managers®". Archived from the original on 2016-03-24. Retrieved 2016-03-29.
  46. ^ "Certified Residential Management Bookkeeper - National Association of Residential Property Managers®". Archived from the original on 2016-03-24. Retrieved 2016-03-29.

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