Who covers the utility and maintenance costs?

Updated 1 year ago by Blocksquare

All CRE properties are managed by local professional management companies who are contracted to cover any expenses and utility bills that may arise. The management company will receive a refund from generated rent income based on the provided property expenditure report. The report needs to be submitted on a monthly basis through the Blocksquare system.

Please refer to the PropToken Expenditure section in our whitepaper.
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