In the article, the author considers the theory of institutionalists and their concepts for state anti-crisis measures (increasing government spending) and the theory of neo-institutionalists in relation to property rights and their insecurity. Issues on the management of municipal property in a wide format are considered. The problem identified by the author of the article is the lack of transparency of management processes. The purpose of the study determines the possibility of partially replacing the function of the administration to manage municipal property with municipal — private partnership agreements and the task of studying the need to identify the essence of municipal property management. A problem has been identified, which consists in insufficient transparency in the process of managing municipal property, including property to be liquidated and in need of major repairs and reconstruction. The subject of property management is the population of the municipality and local governments. The author considered theoretical issues related to the management of municipal property. The methodological basis of the study was the work of Russian authors dealing with the problems of managing the property of municipalities. It is determined that in the economy, municipal property management mechanisms are considered on the example of countries in Western Europe, Asia and America (the main models of property management are “European,” “German,” “Ango-American” and “Chinese”). Each management model has its own features. The author suggested that in practice, a mixed management model is mainly used, which reduces budget expenditures, and helps to generate additional revenues to the municipal budget.