Rental or leasing services involving own or leased property
CPC v2.1 Code: 7211
About rental or leasing services involving own or leased property
cpc code 7211 covers the rental or leasing of property, including both residential and non-residential real estate. This industry plays a crucial role in the broader economy, providing flexible and accessible options for individuals and businesses to access property without the need for outright ownership. The rental and leasing of property enables greater mobility, allows for more efficient use of resources, and supports economic growth by facilitating the flow of capital and the allocation of assets.
Production process
The main production techniques in this industry involve the management and administration of rental or leasing agreements. This includes activities such as property marketing, tenant screening, contract negotiation, rent collection, and property maintenance. Rental and leasing providers must also comply with relevant laws and regulations governing the rental and leasing of property.
Production inputs
The key inputs required for this industry include the ownership or leasing of the property being rented or leased, as well as the necessary infrastructure and resources to manage the rental or leasing process. This may include office space, administrative staff, legal and financial services, and various property management tools and technologies.
Production outputs
The primary output of this industry is the provision of rental or leasing services for residential and non-residential properties. The outputs of this industry are consumed by a wide range of other industries, including 5411 Legal Services, 5412 Accounting, Tax Preparation, Bookkeeping, and Payroll Services, 5415 Computer Systems Design and Related Services, and 5416 Management, Scientific, and Technical Consulting Services, among others.
Family tree for rental or leasing services involving own or leased property
graph LR A["<a href='/classifications/cpc/v2-1/7'>7: Financial and related services; real estate services; and rental and leasing services</a>"] A --> B["<a href='/classifications/cpc/v2-1/72'>72: Real estate services</a>"] B --> C["<a href='/classifications/cpc/v2-1/721'>721: Real estate services involving own or leased property</a>"] C --> D["<a href='/classifications/cpc/v2-1/7211'>7211: Rental or leasing services involving own or leased property</a>"] C --> E["<a href='/classifications/cpc/v2-1/7212'>7212: Trade services of buildings</a>"] C --> F["<a href='/classifications/cpc/v2-1/7213'>7213: Trade services of vacant and subdivided land</a>"] D --> G["<a href='/classifications/cpc/v2-1/72111'>72111: Rental or leasing services involving own or leased residential property</a>"] D --> H["<a href='/classifications/cpc/v2-1/72112'>72112: Rental or leasing services involving own or leased non-residential property</a>"] %% Color coordination by level classDef level1 color:#000,fill:#a8f9ff,stroke:#333,stroke-width:2px classDef level2 color:#000,fill:#e0a458,stroke:#333,stroke-width:1px classDef level3 color:#000,fill:#419d78,stroke:#333,stroke-width:1px classDef level4 color:#000,fill:#c04abc,stroke:#333,stroke-width:1px classDef level5 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px classDef level6 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px classDef highlight color:#000,fill:#fff,stroke:#000,stroke-width:5px %% Apply classes class A level1 class B level2 class C level3 class D level4 class E level4 class F level4 class G level5 class H level5 class D highlight %% class A level1 %% class B,C level2 %% class D,E,F,G,H,I level2 %% class J,K,L,M,N,O,P level3 %% class D highlight