Principles of Property Management

This course presents the main tenets of administrative operations and maintenance of property and property management activities. The course will cover techniques and approaches to realize the maximum value of the economic life of a property. In addition, the course will review the tools, skills and legislative responsibilities of providing a profession service to owners and tenants.

Cost: $2,200 ($200 registration, $2,000 tuition)

Duration: 12 weeks

Schedule: 5:00 p.m. - 8:00 p.m.



Participants will be expected to show some evidence of having worked or studied in the field of Property Management or Real Estate.



Certificate of completion for credit hours completed successfully. Participant must pass the course in order to get the award.


Course Content

Introduction to Property Management

Professional Property Management

Residential Property Management

  • What is Property Management
  • Types of Properties, Landlords, and Operations
  • Responsibilities and Relationship of Landlord, Tenant and Property Manager

Commercial and Industrial Property

The Management Agreement

  • Description clauses

Market Research and Tenant Selection

Leases and Tenancy Agreements

  • Tenancy types, Residential Tenancy Agreement
  • Non-Residential Leases and their Interpretation
  • Commercial Leases, typical and specific clauses, retail lease, building lease
  • Lease negotiation
  • The leasing process

Market Research

  • Marketing planning (Analysis, trends, Vacancy rate, advertising, approaching perspective tenants, Inducements, Space planning)
  • Market Indicators

Tenant Selection - Residential, Commercial, Industrial, Shopping Centre tenants

Property Management Accounting

Management and Administrative Procedures

  • Leasing & Personnel Management (overview)

Physical and Operational Property Management

  • Physical management and maintenance programme
  • Safety & Security
  • Environmental considerations, Energy Conservation

Professional Conduct and Risk Management


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North Campus:
136-138 Henry Street, Port-of-Spain
South Campus:
Naparima College, Paradise Pasture, San Fernando

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