What do you call a property holder who does not reside on the property and relies on a property manager to supervise the investment?

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Multiple Choice

What do you call a property holder who does not reside on the property and relies on a property manager to supervise the investment?

Explanation:
When someone owns property but doesn’t live there and relies on a property manager to handle day-to-day operations, they are called an absentee owner. This term captures the idea of ownership without on-site residence and a management arrangement to oversee leasing, maintenance, rent collection, and financial reporting for the investment. An investor is a broader term for someone who puts money into property, not necessarily implying non-residency or management; a tenant occupies the property, and a real estate broker is the professional who facilitates transactions, not the owner’s on-site status.

When someone owns property but doesn’t live there and relies on a property manager to handle day-to-day operations, they are called an absentee owner. This term captures the idea of ownership without on-site residence and a management arrangement to oversee leasing, maintenance, rent collection, and financial reporting for the investment. An investor is a broader term for someone who puts money into property, not necessarily implying non-residency or management; a tenant occupies the property, and a real estate broker is the professional who facilitates transactions, not the owner’s on-site status.

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