Which fees are typically associated with property management services?

The selection is correct because property management services encompass a variety of fees that cover different aspects of managing a property effectively. Management fees are typically charged for the ongoing day-to-day operations and oversight of the property. This fee compensates the property manager for their time and expertise in handling tenant relations, rent collection, and compliance with landlord-tenant laws.

Leasing fees are also standard, which are charged when a property manager finds and places new tenants into the property. This usually includes marketing the property, showing it to potential tenants, and conducting screening procedures such as background checks.

Maintenance fees are another component. Property managers often oversee the maintenance and repair of the property, ensuring it is kept in good condition, which can incur costs that may be passed on to the property owner.

Finally, advertising costs are essential for attracting potential tenants. A property manager may charge for the expenses associated with promoting the property, whether through online listings, signage, or other forms of marketing.

The other options do not provide a comprehensive view of the fees involved in property management. For instance, only leasing fees are insufficient as they exclude management and maintenance aspects, while fees based solely on tenant numbers do not cover the range of services that property management entails. Additionally, commission fees set