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Property management is a third-party contractor’s regular supervision of residential, commercial, or industrial real estate. Property managers are typically in charge of day-to-day repairs, as well as ongoing maintenance, protection, and upkeep of assets. They usually work for investors who own apartment and condominium buildings, private home communities, shopping malls, and industrial parks.
Machinery, appliances, and other items are restored to working order in the Repair and Maintenance market. These businesses usually perform general or regular maintenance (i.e. servicing) on such items to ensure that they function properly and to avoid breakdowns and unnecessary repairs.
A payment arrangement negotiated between the buyer and the seller is known as instalment payments. It’s typically mentioned explicitly in a contract’s payment terms or on an invoice. These payments are usually made when a large order is placed.
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