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RES 429 Week 5 Assignment: In the current scenario where there is ever increasing demand for assisting owners and investors with their assets in the form of commercial and residential properties; it becomes imperative that every company, housing society or communities must maintain their properties. Managing of the property does not mean just collecting rent; it has been ….that any property that does exist in in need of supervise and legal representation.  There are various factors such as government regulations environmental factors, or any other external factors. Thus, it is imperative to have a Property Management Plan in affect………….