What are the key differences between an apartment and a condominium manager?

|
February 15, 2024

Learn more about who is managing your residence to better understand rules and regulations

Although apartment and condominium managers are often mistaken for the same position, there are clear differentiators that separate these roles. Many tenants are unaware of the true role of the person managing their residency, but it’s important to learn about them to become more familiar with your rented real estate. 

Continue reading to explore the differences between a condominium manager and an apartment manager. 

What is a property manager?

A property manager is a third-party hired to handle the day-to-day operations of a residential property. They can manage all types of properties, including condominiums and apartments.

Common responsibilities of property managers include: 

  • Following landlord-tenant laws and regulation 
  • Handling maintenance requests
  • Collecting and depositing rent 
  • Showing and leasing vacant units 

What is a condo manager? 

A condominium is a private residence that is individually owned. It’s the same concept as owning a house where the owners act as their own property manager.

Unlike houses, condominiums are not limited to the individual unit. Many condos have similar communal amenities to apartment complexes. In some cases, a condo property manager is given the sole responsibility of tending to the amenities of a complex. This responsibility does not include tending to the individually owned properties. 

What is an apartment manager? 

An apartment complex is a residential property with all the units owned and operated by a single entity. Every tenant is required to follow the same guidelines and restrictions, and report to the same apartment property manager. 

An apartment manager can typically be found in the apartment’s leasing office with leasing agents. Apartment managers are given the responsibility of assisting current residents and leasing other available units. 

What’s the difference between an apartment and condo manager?

While condo units are owned by individual owners, an apartment is typically owned and managed by one entity and is supervised by the community property manager. 

“In apartments, all the tenants in one property have the same property manager. Usually the onsite office at an apartment is the leasing office, but in a condominium, the onsite office is an association office which services owners rather than resident tenants,” says Frances Joyce, our Regional Manager of Rental Heroes.

Looking for an Orlando property management company for your rental property? 

At Rental Heroes, we are property investors, just like you! We understand what’s most important—a well-managed property that generates a steady, reliable source of income. 

Our local knowledge helps us to proudly manage hundreds of units across Central Florida, and we’re committed to doing everything to keep your tenants happy by handling maintenance requests quickly and responding to potential tenant issues. 

Our property management services include: 

Ready to choose the right partner in property management? 

Contact us today to get started!