Which of the following is NOT included in property management tasks?

Study for the New Mexico Broker State Exam. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

Property management encompasses a wide range of tasks aimed at ensuring that real estate investments are efficiently managed and maintained. The primary responsibilities of property management include tasks related to marketing and leasing, financial management, and coordinating service-related activities.

While conducting repairs and maintenance is critical to property management, it is not typically categorized as a direct task of property managers. Instead, property managers often coordinate these activities. They manage relationships with contractors and maintenance crews to ensure that repairs and maintenance are carried out effectively but do not usually perform these tasks themselves. The property manager’s role primarily focuses on overseeing and ensuring that these services are performed to maintain the property’s condition and functionality.

In contrast, tasks such as marketing and leasing real property, collecting and disbursing funds, and coordinating maintenance and repairs fall squarely within the domain of property management duties, emphasizing their role as facilitators and overseers rather than direct service providers for repairs.

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