What does property management typically involve?

Property management typically involves the operation, control, and oversight of real estate properties, which encompasses a wide range of responsibilities. This role is essential to ensuring that properties are maintained effectively, tenants are properly managed, and financial aspects are monitored.

Property managers are tasked with various functions, such as collecting rent, finding and screening tenants, overseeing property maintenance, handling lease agreements, and ensuring compliance with relevant laws and regulations. By managing these aspects efficiently, property managers help to maximize the value and profitability of the properties under their care.

In contrast, other choices focus on narrower aspects of real estate. The sale of residential homes pertains specifically to real estate transactions rather than ongoing management. Financing real estate transactions is a separate field that deals exclusively with mortgage and investment financing, while legal disputes are specific issues that may arise from property management but do not define its primary functions. Thus, the correct answer encapsulates the comprehensive nature of property management effectively.