| Aspect | Strata Property Management | Property Management |
|---|
| Credentials | Often requires real estate or strata management certifications | Typically requires real estate license or property management certification |
| Work Environment | Manages strata corporations, common areas, and shared amenities | Manages individual rental or owned properties, including tenants and maintenance |
| Employer & Industry Usage | Used by strata corporations, apartment complexes, and community associations | Used by property management companies, landlords, and real estate firms |
In summary, Strata Property Management focuses on managing shared property interests within strata corporations, while Property Management generally involves overseeing individual rental or owned properties. Both roles require similar credentials but differ in scope and work environment.