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SOP Manual for Lessors of Residential Buildings and Dwellings

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This article discusses “Lessors of Residential Buildings and Dwellings and its SOP Manual”. This industry comprises establishments primarily engaged in acting as lessors of buildings used as residences or dwellings, such as single-family homes, apartment buildings, and town homes. Which included in this industry are owner lessors and establishments renting real estate and then acting as lessors in subleasing it to others. The establishments in this industry may manage the property themselves or have another establishment manage it for them. The total revenue and annual payroll are $120,165,495,000 and $14,100,184,000 respectively in 2017. The average revenue and profitable are $108.7 thousand and 84% respectively in 2018.

The North American Industry Classification Systems (NAICS) has grouped services and activities associated with Lessors of Residential Buildings and Dwellings under the NAICS industry code 531110. The following list shows some activities that are associated with industry 531110,

  • Apartment building rental or leasing
  •  Apartment hotel rental or leasing
  •  Apartment rental or leasing
  •  Building, apartment, rental or leasing
  •  Building, residential, rental or leasing
  •  Cottage rental or leasing
  •  Duplex houses (i.e., single-family) rental or leasing
  •  Dwelling rental or leasing
  •  Equity real estate investment trusts (REITs), primarily leasing residential buildings and dwellings
  •  Houses rental or leasing
  •  Housing authorities owning and operating residential buildings
  •  Lessors of residential buildings and dwellings
  •  Mobile (manufactured) home rental or leasing, on-site
  •  Real estate rental or leasing of residential building
  •  Residential building rental or leasing
  •  Residential hotel rental or leasing
  •  Retirement hotel rental or leasing
  •  Single-family house rental or leasing
  • Town house rental or leasing
Some of the international association of Lessors of Residential Buildings and Dwellings:

  •  Apartment Owners Association (AOA).
  •  Pennsylvania Apartment Association (PAA).
  •  The National Association of Residential Property Managers
    (NARPM).
  •  Washington Multi-Family Housing Association (WMFHA).
  •  Electric Heights Housing Association (EHHA).
  •  The Association of Residential Managing Agents (ARMA).
  •  Washington State Bar Association (WSBA).
  •  Western Ohio and the Greater Dayton Apartment Association (WOGDAA).
  •  The Alberta Landlords Association (ALA).
  •  California Association of Realtors Residential (CARR).
  • Building Owners and Managers Association International (BOMA)
International Standard Related to this Industry:
  •  ISO 18523 -2: 2018
  • ISO 18523 -1: 2016
  •  ISO 17088: 2008
  •  ISO 9001: 2015
  •  ISO 9001: 2008
  •  ISO 31000: 2009
  •  ISO 31000: 2018
  •  ISO 14001: 2015
  • ISO/IEC 17025: 2017
Few of the World best Companies in this industry are,
Some of the magazines and journals that will keep you track on:
You Tube:
https://www.youtube.com/watch?v=LKB4hRij7tw  |

Written by SOP Team

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