cam stands for tenancy tribunal in property management.
cam stands for tenancy tribunal in property management.
what does cam stand for in property management?
tenancy tribunal
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new zealand licensed real estate agents may offer residential property management service with qualified real estate agents as property managers, or property manager's working under the licensed real estate agency. member agents are supposed to adhere to the real estate institute of new zealand property management code of practice which according to the reaa outlines industry best practices for dealing with the public. critics state the real estate agents authority complaint committee as having less scope or jurisdiction for adverse judgement against negligent property management licences as they would otherwise to those in "real estate agency work", unsatisfactory property management conduct cases can receive findings of "no further action" as opposed to "unsatisfactory conduct" due to "conduct unrelated to estate agency work". best practice guidelines imply licensed real estate agencies conducting property management business should collect rent through an audited trust account which brings some certainty to the security of the landlord and tenants rental monies though reaa cases implies that this is not always so.
property management