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The structure of these alliances, acquisitions and mergers will operate like a financial portfolio, used to both diversify the real estate management company and to reduce costs of operation at the same time.
Real estate laws vary from state to state, therefore, they will not be addressed except to note that laws govern real estate as well as business operations...
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However, real estate ethics have a great deal to do with laws. Some of the laws that affect ethical conduct include human resource/vendor payment and relationships, property valuation, appraisal, property inspections, and business management practices. Ethics for real estate agents and management require fair treatment of both the buyers and sellers of real estate whom the company represents...
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