The phrase "administers the property" is correct and usable in written English.
It can be used in contexts related to management or oversight of real estate, assets, or resources.
Example: "The property manager administers the property to ensure that all maintenance and tenant needs are met efficiently."
Alternatives: "manages the property" or "oversees the property".
When Grumman closed the compound, and the Navy, which administered the property, foresaw no additional need for it and offered to give the partly wooded site to the Town of Riverhead.
The City of Glendale bought 80 acres of the ranch in 1977, and in 1980 the 17-acre parcel containing the ranch buildings was placed on the National Register of Historic Places, with the Sahuaro Ranch Foundation administering the property as a living museum; the remaining 63 acres are now a park.
The most basic commandment of trust law is that the trustee must administer the property "exclusively" in the interest of the beneficiaries.
The complicated architectures of these networks are made to satisfy the well-understood physical metallurgy principles, which administer the property response to the combined actions of the compositional and process parameters.
At a hearing, Rose Sakow testified that she relied on her son to administer the properties, signing whatever deeds or checks he put in front her.
Instead, Snap Inc. is likely to be the umbrella company that administers the various properties in this burgeoning media platform.
"That's what private enterprise can do for you," says Ray Boudreaux, a former Air Force colonel who administers the base properties for the city.
The Act gives the courts almost unlimited power to exercise their jurisdiction to form "compromise" agreements, with Section 1(1) allowing them to approve "any arrangement...varying or revoking all or any of the trusts or enlarging the powers of the trustees of managing or administering any of the property subject to the trusts".
Mr. Charles, 75, lives in a four-room apartment added in the 1930's to house the village's parks superintendent, said Goldie Solomon, president of the Port Chester Historical Society, which administers the village-owned property.
