Which of the following is not a primary task completed by an asset manager to protect collateral value?

Obtaining the title report is not a primary task completed by an asset manager specifically aimed at protecting the collateral value of a property. Instead, it is more of a preliminary step conducted during the acquisition process to confirm ownership and identify any liens or encumbrances against the property. While understanding the title is crucial for any real estate transaction, it does not directly influence the ongoing management or physical upkeep of the asset.

In contrast, maintaining utilities is integral to ensuring that the property's systems function properly, which can directly affect its value and tenant satisfaction. Checking for hazardous waste is critical because environmental issues can lead to significant liabilities and devalue the asset. Inspecting mechanical systems helps maintain the property's operational efficiency and reduces the risk of costly repairs over time, thereby also protecting its overall value. Each of these tasks is essential for the active management of the property and ensuring its collateral value remains intact.