NAICS 53131
What is the NAICS code 53131?
The NAICS code 53131 is applied to those industries related to Real Estate Property Managers.
This industry comprises establishments primarily engaged in managing real property for others. Management includes ensuring that various activities associated with the overall operation of the property are performed, such as collecting rents and overseeing other services (e.g., maintenance, security, trash removal).
Therefore, all companies engaged in any industrial activity related to this type of business are grouped under category 53131 in the North American Industry Classification System.
This industrial activity of NAICS code is structured as follows:
- 53 - Real Estate and Rental and Leasing
- 531 - Real Estate
- 5313 - Activities Related to Real Estate
- 53131 - Real Estate Property Managers
Characteristics of the North American Industry Classification System code 53131
NAFTA
This code is only used in the North American Industry Classification System (NAICS). It´s to say, it is not used in the North American Free Trade Agreement (NAFTA): United States, Canada, and Mexico.
Related codes
The NAICS industry 53131 has the following cross-references:
- Establishments formed as associations on behalf of individual condominium owners or homeowners are classified in Industry 81399, Other Similar Organizations (except Business, Professional, Labor, and Political Organizations).
- Establishments primarily engaged in acting as lessors of real estate are classified in Industry Group 5311, Lessors of Real Estate.
- Establishments primarily engaged in operating short-term lodging facilities, such as hotels, motels, casino hotels, and bed-and-breakfast inns are classified in Industry Group 7211, Traveler Accommodation.
- Establishments primarily engaged in providing individual activities related to property management (e.g., maintenance, security, landscaping, etc.) are classified in the appropriate industry according to the service provided.
- Establishments primarily engaged in providing operating staff to perform a combination of services to support operations within a client's facilities are classified in Industry 56121, Facilities Support Services.
- Establishments primarily engaged in renting real estate on behalf of owners are classified in Industry 53121, Offices of Real Estate Agents and Brokers.
Related activities
Below are some of the most common types of activities in the Real Estate Property Managers industry (NAICS Code 53131).
- Apartment managers' offices
- Condominium managers' offices, residential
- Cooperative apartment managers' offices
- Managers' offices, residential condominium
- Managers' offices, residential real estate
- Managing cooperative apartments
- Managing residential condominiums
- Managing residential real estate
- Property managers' offices, residential real estate
- Property managing, residential real estate
- Real estate property managers' offices, residential
- Residential property managing
- Residential real estate property managers' offices
- Resort or vacation property managers' offices
