Definition

The annual expense that is not paid directly by the tenant and is included in the Operating Expense calculations. This is for a management company. Use ManagerExpense for a individual manager.


Standard Name: ProfessionalManagementExpense

Display Name: Professional Management Expense

Group: Financial

Data Type: Number

Suggested Maximum Length: 14

Suggested Maximum Precision: 2

Synonyms(s): ManagementCompanyExpense

Field (Element) Status: ACTIVE

BEDES: --

Record ID: 0585c75

Lookup Status: --

Lookup: --

Property Types: RINC, COMS, COML

Payloads: --

Spanish Name: Costo de Administración Profesional

French-Canadian Name: --

Status Change Date: JUL 03 2014

Revision Date: DEC 04 2013

Added in Version: --

Usage

  • 53% of Systems (9/17)
  • 13% of Organizations (66/501)

For more information on items displayed on this page, see Data Dictionary Terms and Meta Definitions.

RESO certifies against the Standard Name.

Display Name represents a recommendation for public display that MLSs and other data producers may use based on local, legal and language-based needs.

Page Revision Date: Nov 08 2023

Form: PropertySimple