What type of reports provide information to evaluate the performance of property functions?

Activity reports are designed to provide information that allows for the evaluation of property functions effectively. These reports track various activities related to property management, such as maintenance tasks completed, occupancy rates, leasing actions, and tenant interactions. By systematically documenting these activities, stakeholders can assess how efficiently property functions are operating, identify areas needing improvement, and make informed decisions that enhance property performance.

In contrast, financial reports focus primarily on the monetary aspects of property management, including income, expenses, and profit, but do not delve deeply into operational activities. Compliance reports emphasize adherence to laws and regulations rather than evaluating performance metrics specific to property management functions. Market analysis reports address broader trends and conditions affecting the property market but do not provide the internal performance evaluation needed to assess property functions.