My friend, the manager

The days have gone when the work of a building administrator was restricted to small breakdowns and looking after common areas. A landlord today expects an asset manager to increase the property’s valueZuzanna WiakSupervising repairs and renovations, monitoring internal systems, finalizing contracts with tenants and suppliers, negotiating prices and administering the building are just some of the duties of a property manager set by the building’s owner – that is, which began to be set and enforced only a short time ago. Partnership contracts are now being agreed with increasing frequency, allowing a wider scope of duties to be ceded to the building manager. Under the terms of such agreements, the subjects work as partners whose operations cross over in working for the common goal of the best possible administration of the building. The greater number of duties ceded also comes with greater authority.What are the legal instruments?The type of contract signed depends on