Property managers are responsible for the physical management of the property throughout the term of the tenancy agreement. This includes regular maintenance, emergency repairs and payment of rents. Not only will property managers need to maintain a positive relationship with tenants, they will also need to be on good terms with landlords too. Working directly with the owner of the property, communication is key. Property Managers will usually have a designated portfolio of properties that they are responsible for, with the average number of properties within that portfolio being 100-150. Property Managers are responsible for keeping the landlord informed of any general maintenance and repairs to the property, as well as other information including; tenants wanting to vacate, business policies, and legal legislation issues. They need to ensure the property is kept in top condition at all times and will often be required to carry out property inspections periodically throughout the length of the tenancy. At the end of a tenancy they will be responsible for handling deposit releases, disputes and submitting cases for arbitration via the TDS if, and when required.