Management Fee


Definition of "Management fee"

Karen Peoples
Karen Peoples JP & Associates

  1. A charge based on the asset value of a real estate security portfolio to manage it. For an open-end mutual fond, the management charge is included in the selling cost of the security. For an investment adviser or bank trust department, the management charge is typically a percentage of the net asset value.
  2. In real estate, a fee to maintain property, collect rent, and keep the records.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

Popular Real Estate Terms

Popular Real Estate FAQ