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: Dépenses en gestion professionnelle

Status Change Date: JUL 03 2014

Revision Date: JUN 17 2021

Added in Version: --

Usage

  • 55% of Systems (11/20)
  • 14% of Organizations (67/480)

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: Apr 16 2024

Form: PropertySimple