Final answer:
The correct answer is B. Property manager, which refers to a business or individual responsible for the day-to-day management of rental properties on behalf of the owners. A property manager handles tasks such as tenant screening, rent collection, maintenance, and legal compliance related to the property.
Step-by-step explanation:
A business that handles the management of buildings, particularly rentals, when owners are unable or unwilling to do it themselves is known as a Property manager. This includes a variety of tasks such as screening tenants, collecting rent, handling maintenance and repair issues, and potentially dealing with tenant complaints or legal matters related to the property. Property managers are often engaged to ensure that the property is maintained effectively, the revenue is maximized, and the legal aspects of property management are adhered to.
Unlike title companies, which deal with the legal aspects of real estate transactions, notaries public, who authenticate documents, or mortgage brokers, who arrange loans between borrowers and lenders, property managers are more intimately involved with the day-to-day operations of real estate assets. Working in property management can be categorized under manager, executive, or official positions, as it often involves oversight and administrative work, which can fall under the scope of clerical or office tasks as well.