Which of the following is NOT typically a role of the property management team in a condominium?

The role of the property management team in a condominium typically includes managing association finances, conducting property maintenance, and organizing social activities for residents. These responsibilities align with the overall goal of maintaining the property, ensuring the well-being of residents, and enhancing the community experience.

Setting rental rates, however, is not usually a function of the property management team in a condominium setting. This responsibility typically falls to individual owners or the condo association itself, as they have direct input on pricing based on market conditions and their own rental goals. While the property management team may advise on rental rates based on market analysis, the final decision generally lies with the owners or the governing body of the condominium. Thus, the correct answer reflects a distinction between the typical management tasks and the specific role of setting rental rates, which is not a primary duty of the property management team in this context.