PROBLEMS OF PROPERTY MANAGEMENT AND IT'S SOLUTIONS IN NIGERIA
ABSTRACT
Property management is a vital aspect of real estate profession. To a non-professional estate agent property management entails only vent collection and receiving of fee, but there are other aspects of it which intake the expertise of a professional Estate agent to task. These include selecting the right type of tenant for a particular property arrangement and execution of leases, advising on insurance policy and rating assessment and ensuring that they are settled regularly, defining maintenance obligation of both the land lord and the tenant.
Beside all these, there are so many problem associated with property management which ranges from attitude of the land lord inflation, political and economic factors, particular circumstance of individuals properties etc.
This study will therefore examine these problems and proffer solutions.
Proffer Solution: It is the responsibility of the manger to ensure that the defects are properly repaired. In a situation where the management agent is responsible for maintenance of the property, the agent must be very prudent with maintenance cost, and ensure that client receive good value of their money. If it is multiple occupied properties, the manager will or have to introduce the service charge approach for maintenance work.
CHAPTER ONE
1.0 Introduction
Property management to a non − Professional Estate agent entails mere collection rent.
Real property management goes beyond mere collection of rent. A property manger gets involved with managerial problem solving and decision making. He also performs several activities and tasks involving planning, organising, directing and controlling with respect to the portfolio of real estate assets being managed on behalf of his clients.
This is important since one of the features of real property that distinguishes it from other investment media is its requirement to be managed.
Because of the increasing pace of technological development or innovations resulting particularly in the construction of high rise and high technological structures in our cities, there is need for a trained manager who is able to cope effectively and efficiently with management problems arising from the latter.
Multi − tenanted properties such as office blocks and residential houses present the greatest management challenge to the surveyor.
The author’s experience of non-challant attitude of a good number of property investors regarding the management of the property prompted the choice of this topic
1.2 Objectives Of The Study
The study will examine the problems of property management, and proffer solutions towards rectifying these problems
1.3 Scope
This project will be limited to a few selected property in Abuja metropole, which includes.
- Shelter House
- Alaji M.D. shitus property on Plot 801 Malumfashi Close Area 11, Gariki Abuja
- C.O.C. Enterprises property in Karmo, Abuja
- Mrs. Nwankwo’s property on Plot 118 Tunis Street Zone 6 Wuse, Abuja
1.4 Study Methodology
This study is based on data collected by the following methods
- Primary method
- Secondary method
Primary Method:
Primary data collection involves the distribution of questionnaires among some practicing Estate surveyor value’s as well as some land lords.
It involves the personal interview of professional.
Secondary Method:
Secondary data are those collected from previously published works (e.g.) Journals, newspapers, magazines etc.
1.5 Definition Of Property Management
Michael Thorncraft defined property management as the direction and supervision of an interest in landed property with the aim of securing the optimum return. This return, which may not always be financial may also be in the form of social benefit, status, prestige, political strength etc.
John P. Macey and Charles Baker defined property management as the application of skill in caring for property. Its surrounding and amenities, and in developing a sound relationship between tenants themselves, in order that the Estate, as well as t he individual house may give the fullest value to both the land lord and the tenants, from the land lords point of view it is desirable that the property should be efficiently and economically maintained and managed as much as possible, while from the tenants point of view, the house should provide a home, the focal point of full and happy life for the family.
CHAPTER TWO
2.0 Literature Review
2.1 Introduction
The review of relevant literature is the main topic of this chapter. A literature review covers theoretical and methodological contributions to a certain issue in addition to the state of knowledge at the time of writing. It provides information about the state of the art in relation to the subject you are writing about. It examines the body of work on the chosen subject. The literature evaluation in this study comprises the …
Procedure for Downloading the PDF (Docx) Material
Problems of Property Management and It’s Solutions in Nigeria can be downloaded by requesting the full set of materials at the project or seminar cost. The document will be sent via Microsoft Word (MS-Word) format via WhatsApp (e-mail) following payment confirmation.
| Seminar Material Cost ₦3,000 | Project Material Cost ₦5,000 |
Request Complete Material
 | Click here to request the Complete Material via WhatsApp including;
|
TABLE OF CONTENTSPRELIMINARY PAGES
- Title page
- Approval page
- Dedication
- Acknowledgement
- Table of Contents
- Abstract
INTRODUCTION
- 1.0 Introduction
- ⋮
LITERATURE REVIEW
- 2.1 Introduction
- 2.2 Conceptual Review
- 2.3 Theoretical Framework
- ⋮
- 2.4 Empirical Studies
- 2.5 Research Gaps
- 2.6 Summary of Literature Review
CHAPTER THREE
RESEARCH METHODOLOGY
- 3.1 Introduction
- 3.2 Research Design
- 3.3 Population of Study
- 3.4 Sampling and Sampling Technique
- 3.5 Validation of Research Instrument
- 3.6 Method of Data Collection
- 3.7 Method of Data Analysis
- 3.8 Questionnaire Administration
- 3.9 Ethical Consideration
- 3.10 Statistical Analysis
CHAPTER FOUR
DATA ANALYSIS, RESULT AND DISCUSSION
- 4.1 Introduction
- 4.2 Presentation and Analysis of Data
- 4.3 Re-statement of Research Questions
- 4.4 Test of Hypotheses
- 4.5 Discussion of Findings
CHAPTER FIVE
SUMMARY, CONCLUSION AND RECOMMENDATION
- 5.1 Introduction
- 5.2 Summary of Findings
- 5.3 Conclusion
- 5.4 Recommendation
- 5.5 Suggestion for Further Study
REFERENCES
APPENDIX A - “QUESTIONNAIRE”
Disclaimer for Complete Material Utilization
The displayed research work titled "Problems of Property Management and It's Solutions in Nigeria" is stated as a research guideline towards accomplishing your assigned project / seminar research work. All the research materials on this website are ONLY for research purposes and should be used as a guideline in developing your research work. For no reason should you copy word for word as projectlist.com.ng will not be liable for any who copied the material. By ordering the complete research guideline, it signifies that you've accepted our terms of service.
PRELIMINARY PAGES
- Title page
- Approval page
- Dedication
- Acknowledgement
- Table of Contents
- Abstract
INTRODUCTION
- 1.0 Introduction
- ⋮
LITERATURE REVIEW
- 2.1 Introduction
- 2.2 Conceptual Review
- 2.3 Theoretical Framework
- ⋮
- 2.4 Empirical Studies
- 2.5 Research Gaps
- 2.6 Summary of Literature Review
CHAPTER THREE
RESEARCH METHODOLOGY
- 3.1 Introduction
- 3.2 Research Design
- 3.3 Population of Study
- 3.4 Sampling and Sampling Technique
- 3.5 Validation of Research Instrument
- 3.6 Method of Data Collection
- 3.7 Method of Data Analysis
- 3.8 Questionnaire Administration
- 3.9 Ethical Consideration
- 3.10 Statistical Analysis
CHAPTER FOUR
DATA ANALYSIS, RESULT AND DISCUSSION
- 4.1 Introduction
- 4.2 Presentation and Analysis of Data
- 4.3 Re-statement of Research Questions
- 4.4 Test of Hypotheses
- 4.5 Discussion of Findings
CHAPTER FIVE
SUMMARY, CONCLUSION AND RECOMMENDATION
- 5.1 Introduction
- 5.2 Summary of Findings
- 5.3 Conclusion
- 5.4 Recommendation
- 5.5 Suggestion for Further Study
REFERENCES
APPENDIX A - “QUESTIONNAIRE”
Disclaimer for Complete Material Utilization
The displayed research work titled "Problems of Property Management and It's Solutions in Nigeria" is stated as a research guideline towards accomplishing your assigned project / seminar research work. All the research materials on this website are ONLY for research purposes and should be used as a guideline in developing your research work. For no reason should you copy word for word as projectlist.com.ng will not be liable for any who copied the material. By ordering the complete research guideline, it signifies that you've accepted our terms of service.
Frequently Asked Questions (FAQ)
Can this topic “The Water Drainage Problems” be used for Civil Engineering Project?
Yes it can be utilized for research — This research work on the water drainage problems (A case study of IMT campus 3 Enugu), the scope of this research work covers every activity which has to do with the drainage problems, background to the subject matter, rational for the study and the limitations of the study, the research review as, the related literature about the authors and scholars, facts and opinions. The findings of this study through the further research.Finally, base on the findings, a numbers of recommendations were made so that campus 3 IMT Enugu should ensure a good water drainage system within the campus to permit a perfect seepage, discharging, flooding of water and effluent. …
Can the material for “The Effect of Business Environment on the Productivity of Business Organization” be used as a guide for Business Administration and Management (BAM) Project?
Yes it can be used — Business Environment is described as a formal system of co-ordination activities of a group of people working co-operatively towards a common goal, under authority and leadership. The aim of the study is to identify the effects of business environment on the productivity of business organization. In achieving this aim, the following specific objectives were set out to determine the level of competition so as to know whether environment is favorable or unfavorable, and find out if the company has a good relationship with customers and what effect has on business. The research design used in this report is descriptive design, utilizing questionnaire method to obtain information from the respondents for this project. Primary data were collected from the primary source …
Can the material for “The Application of Traditional Herbal Medicine in the Treatment Diagnosed Malaria among Expectant Mothers” be used as a guide for Physical Science Project?
Yes it can be used — The study was carried out to examine the Application of Traditional Herbal Medicine in the Treatment Diagnosed Malaria among Expectant Mothers in Abraka, Delta State. Investigation revealed that malaria infection during pregnancy is a major public health problem in tropical and subtropical regions throughout the world and Nigeria in Particular. There have been a considerable number of reports about poor knowledge, attitudes, and practices among pregnant women relating to malaria and its control from different parts of Africa. The disease remains the world's most important tropical health challenge. The research design used in this report is descriptive design, utilizing questionnaire method to obtain information from the respondents for this project. A total of 100 (one hundred) respondents were selected for …
Can the material for “The Effects of Bank Inspection in Enforcing Banking Regulation in Zenith Bank, UBA Or FBN etc” be used as a guide for Banking and Finance (BF) Project?
Yes it can be used — Just as every sector of the economy is eager to improve her condition through various research work, it is high time for the banking sector to gear up along with others by searching deep into the effect of banking inspection on enforcing banking regulations. This idea has been conceived in for a long time through my over 3 years of experience in carrying out internal control and inspection function with the banking industry. The study suggests a forward steps towards the needs to have a sound effective and efficient inspection division in all banks and financial institutions alike in order to enforce banking regulations and of this is adopted, it will reduce irregularities, persistent (CBN) penalty frauds thereby resulting to …
Can the material for “Agriculture Mechanization in Nigeria” be used as a guide for Agricultural Engineering (AE) Project?
Yes it can be used — Survey was undertake to assess the Anambra state Tractor Hiring Company. The study adopted the use of a questionnaire and interview schedules, discussion and personal observation for primary data collection. The unit had a total of 15 tractors 10 Disc ploughs, 6 Disc harrow 6 Discridgers, and 3 trailers, all in good working conditionexcept for one non functional tractor (scrap). The unit was poorly equipped with fairly adequate shed and was understaffed with a maintenanceculture that is service driven. The unit had very few beneficiaries due to high cost of hiring, limited number of availabletractors to hire, delay in service delivery, delays in acquiring spare parts needed for repairs, in accessibility due to remoteness of farms and size of farm holdings, …
Can this topic “Mobile Based Information System for Vegetable Farming” be used for Information System Project?
Yes it can be utilized for research — Vegetables may be described as those plants, which are consumed in relatively small quantities as a side dish with the staple food. The aim of the study is to Design and Implement of a Mobile Based Information System for Vegetable Farming. In achieving this aim, the following specific objectives were laid out to develop a mobile-based application that will enable the farmers search and browse vegetable information without delay, reduce human errors and time spent by farmers filling out forms, freeing resources for more critical farm tasks and ensure proper accountability on the distribution of farming facilities and equipment. The motivation that led to the implementation of the proposed system is as a result of the difficulty encountered in accessing …
Can the material for “The Role of Care Managers in Handling of Patients with Criminal Background in Military Reception Station” be used as a guide for Criminology and Security Studies Project?
Yes it can be used — Care Managers have a legal and moral obligation to ensure a high quality of patient care and to strive to improve care. The study scrutinizes the Role of Care Managers in Handling of Patients with Criminal Background in Military Reception Station using Ada Barrack in Taraba State as a case study. In achieving this aim, the following specific objectives were laid out to examine the health condition of Patients with Criminal Background, assess the environmental condition of Nigeria, assess the benefit to effective health care delivery in Nigeria, examine the challenges to achieving an effective health care delivery system for prison inmates and recommend ways of improving health care delivery in Nigeria Military Reception Station. The research design used in …
Can this topic “An Assessment on the Effect of Home Delivery Among Pregnant Women” be used for Midwifery Project?
Yes it can be utilized for research — The study was carried out to assess the Effect of Home Delivery among Pregnant Women. Investigation revealed that home deliveries are extremely common in the study area. However, in the majority of these cases, complications arise during the delivery, such as a high risk of neonatal or hemorrhage and fatal mal-position, which can kill the mother or the child. The research design used in this report is descriptive design, utilizing questionnaire method to obtain information from the respondents for this project. A total of 120 (One hundred and twenty) respondents were selected for this study to represent the entire population of the study. Primary data were collected from the primary source which questionnaire was used as an instrument of data …
Is the topic “An Analysis of the Operation of the Nigerian Capital Market” recommended for Business Administration and Management (BAM) Project?
Yes it is highly recommended — Capital market is an integral part of the country financial system where many securities are bought and solid. The study was carried out to analyze the Operation of the Nigerian Capital Market using Nigerian Stock Exchange as a case study. In achieving this aim, the following specific objectives were laid out to examine the operations of the Nigerian Stock Exchange and how its positively engineering the growth of the Nigeria economy and investigate the how the growth of business organization positively or negatively affect Nigeria Capital Market. Investigation revealed that the position of the capital market to the following economic development of any economy as very great and therefore, business managers are very conscious of its operation. The research design …
Is the topic “Impact of Emerging Technology in the Educational Sector of Nigeria” recommended for Educational Technology Project?
Yes it is highly recommended — The study focused attention on the impact of emerging technology in the educational system. Major emerging technology can be put into roughly six categories: energy technology, transportation, information technology, biotechnology, robotics, and material science. The Internet becomes an essential infrastructure to integrate the information and Communication technologies (ICT) used in various applications such as education and health Care as well as in electronic commerce. The research instrument for data collection to be made use of, in this research is the questionnaire owing the fact that most of the respondents were engaged in classes and at work during this study and they might hardly be available for interviews. The demographic data collected were analysed through descriptive statistic such as frequency count and …