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Commercial Tenant Risk Mitigation, Insurance, Tracking, and Best Practices

Esquire Property Management Group

Legal Defense Costs : Typically, CGL policies include coverage for legal defense costs, encompassing attorney fees, court expenses, and settlements or judgments. For example, brokers, property managers, attorneys all have a duty to carry E&O insurance for their operations.

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Property Management Outsourcing Services: Benefits and Cost

Second Nature

Overall, outsourced property management services can help PMCs save time, reduce stress, and maximize the profitability of their company. So, what are some of the most commonly outsourced property management services? Technology and innovation Assess the technology and software solutions the provider uses.

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How to Value, Buy, or Sell a Property Management Company

Second Nature

On the tech side, you could adopt new property management software, update your current tech infrastructure, or integrate the newest AI-enabled tools. Invest in your business infrastructure By this, we mean that you should invest in technology and people. On the people side, you don’t necessarily need to hire more employees.