Property management is managing the relationship between the landlord and tenants and all related issues between. Property manager is responsible, inter alia, for screening and finding the right tenant, signing lease agreement, collecting rent, maintenance of the property and eviction.
There are some property owners and property investors who like to distance themselves from their tenants and all matters related to the landlord-tenant relationship. A property management company acts as the liaison between the owner of the property and the tenant also known as lease.