In addition, onsite managers implement the terms of rental or lease contracts together with an association’s governing guidelines. They ensure that tenants pay their rent on time, follow restrictions on parking or pets, and observe the proper procedures when the lease is up. Other essential duties of onsite managers embrace keeping accurate, up-to-date records of income and expenditures from property operations and submitting regular expense reviews to the senior-level property manager or the owner. Kaplan Real Estate Education is the country’s premier real estate college offering real estate licensing and persevering with training courses. Because a lot of our instructors are practicing real estate professionals themselves, we understand the needs of our students.