Glossary · Rent

Property management

Property management refers to all the administrative, technical and financial activities involved in administering, operating and enhancing the value of a property, whether residential, commercial or industrial. It covers rental management (finding and selecting tenants, drafting leases, collecting rent, inventory inspections), technical management (routine maintenance, repairs, safety checks, renovation work) and financial management (accounting, service charge statements, tax returns, optimising yield). In Switzerland, this activity is governed by the Code of Obligations (mandate contract, art. 394 et seq.) and may be carried out by a property management agency, a co-ownership manager, a property administrator or a notary. Owners delegate the day-to-day management of their assets to optimise their income while minimising their direct involvement and ensuring compliance with legal obligations.