In terms of property management, what does maintenance typically refer to?

In property management, maintenance primarily refers to regular property upkeep. This encompasses a variety of activities aimed at ensuring that a property remains in good condition, both internally and externally. Regular upkeep can include routine tasks such as landscaping, cleaning, mechanical repairs, and addressing any wear and tear that occurs over time. Maintenance is critical for preserving the value of the property, ensuring tenant satisfaction, and preventing larger, more costly repairs in the future.

While legal obligations, financial management, and tenant screening are important aspects of property management, they don't fall under the definition of maintenance. Legal obligations pertain to the responsibilities property managers have under the law, financial management focuses on budgeting and financial planning, and tenant screening involves assessing potential tenants to ensure they will be reliable renters. Regular upkeep, however, is directly related to the physical care and maintenance of the property itself.