Complex sentence: One important role of a "Property Management" is that of liaison between the Owner of record and the actual tenant/leasee tenant, providing a buffer for those owners who are desiring to distance themselves from their tenant constituency.
Split into simpler sentences: One important role of a "Property Management" is that of liaison between the Owner of record and the actual tenant/leasee tenant. Providing a buffer for those owners who are desiring to distance themselves from their tenant constituency.