Typically, who remains responsible for property management?

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In property management, the custodian or department head is typically the individual who maintains overall responsibility for the management of property. This role involves a comprehensive understanding of property maintenance, tenant relations, lease management, and budgeting. The custodian or department head is tasked with ensuring that the property operates efficiently and complies with relevant regulations and standards.

While other roles, such as a property management consultant, the IT department, or the finance team, may play important supporting functions, they do not have the overarching responsibility that falls to the custodian or department head. The consultant may provide guidance or strategic advice, the IT department may help manage systems related to property databases or maintenance requests, and the finance team is crucial for budgeting and financial oversight. However, the day-to-day management and accountability for the property's condition and tenant experience lie primarily with the custodian or department head.

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