Property management means that the property owner recruits a property management service enterprise to maintain, upkeep and manage the house and associated equipment, facilities and fields, and manage the environment and keep the orders in the property management area according to the Property Service Contract agreed by the owner and the property service enterprise.

According to the Property Law, the owner is entitled to manage the property in its own right or entrust the property management service enterprise or other administrators to manage the property.

Property management can be defined narrowly or broadly; In narrow term, property management means the owner entrusts the property management service enterprise to upkeep or repair the house building and municipal public facilities, and maintain the greening, sanitation, transportation, life order and environment according to the entrusted contract. In broad term, property management includes the co-management of both the property owner and the entrusted service enterprise or other management personnel.