Which term applies to the property management activities of general partners in a limited partnership?

The term that accurately describes the property management activities of general partners in a limited partnership is "Active management." In a limited partnership, general partners are responsible for the day-to-day operations and management of the partnership, which includes making decisions related to property management, investment strategies, and overall direction of the partnership. This active involvement is critical, as general partners have unlimited liability and must navigate the operational aspects of the investment.

In contrast, limited partners typically participate as investors without engaging in daily management, which highlights the distinction between the roles within the partnership structure. This division of responsibilities allows general partners to directly influence the management and performance of the property or investment, justifying the concept of active management. Understanding this role is fundamental for recognizing the dynamics of limited partnerships in property management contexts.