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Areas of Study

PMA210 Contracts & Lease Negotiations

Course Description

Overview of the management and administration of contracts made with property owners, tenants, vendors, and maintenance contractors. Negotiation skills and relevant compliance issues will be examined.

Learning Outcomes

  • Describe the principles of contract and lease administration.
  • Discuss the legal aspects of property management.
  • Illustrate the roles and constraints on a property manager when attempting to effectively deal with situations involving stakeholders.
  • Examine the property manager's responsibilities when enforcing lease terms.
  • Describe negotiation methods as they relate to property management.
  • Analyze conditions, phrases, clauses, and legal concerns in standard real estate contracts and leases.