Oregon Real Estate Practice Test 2025 – Your All-in-One Guide to Exam Success!

A property management company primarily exists to manage and oversee rental properties on behalf of property owners. This role encompasses a wide range of responsibilities including, but not limited to, marketing rental units, screening potential tenants, collecting rents, performing property maintenance, and ensuring compliance with local housing regulations. The aim is to maximize the property's rental income while maintaining its condition and ensuring tenant satisfaction.

While other options pertain to important functions within real estate, they do not align with the specific duties of a property management company. For instance, facilitating buying and selling of properties pertains more to real estate brokerage, conducting market research fits into the purview of appraisal or investment analysis, and handling legal disputes generally falls under the realm of legal professionals specializing in real estate law. Thus, the key focus of a property management company is its dedicated role in rental operations.