There are many differences between residential property and commercial property that affect their management. All of the following statements about the differences are correct, except:
a. Residential leases generally have longer terms
b. Residential properties are more likely to require round-the-clock management
c. Residential property managers (and/or their staff) typically have to spend a greater proportion of their time on marketing and leasing
d. Residential tenancies are generally subject to many more landlord-tenant law requirements