APPRAISAL OF BUILDING MAINTENANCE PRACTICES AMONG LANDLORD AND PROPERTY MANAGERS

Abstract

Effective building maintenance is essential for preserving the value and functionality of real estate properties. This study aims to appraise and compare building maintenance practices between landlords and property managers in the context of residential and commercial properties. The research investigates the roles, responsibilities, challenges, and best practices associated with building maintenance by these two groups. Landlords may tend to be more financially conscious and opt for reactive maintenance, while property managers often emphasize proactive maintenance and compliance with regulatory standards. Challenges identified include budget constraints, tenant turnover, and knowledge gaps. Property managers appear to have a more structured approach, employing computerized maintenance management systems (CMMS) and professional maintenance staff. In contrast, landlords often rely on ad-hoc arrangements and may postpone maintenance to minimize costs. This research underscores the need for further education and support for both landlords and property managers in understanding the long-term benefits of proactive maintenance. It also emphasizes the importance of budget allocation and compliance with safety and regulatory standards. The study contribute to improved building maintenance practices, ultimately benefiting property value, tenant satisfaction, and the overall real estate industry.