AgencyIntermediateAlaska Exam

A property manager in Alaska who rents units and maintains a building for an owner owes which duty to the tenant?

AFull fiduciary duties identical to those owed the owner, subject to the usual exceptions
BHonest dealing and fair treatment, but fiduciary duties are owed primarily to the ownerCorrect
CNo duties, as the manager only represents the owner
DThe same duties as a buyer's agent

Why Honest dealing and fair treatment, but fiduciary duties are owed primarily to the owner Is Correct

Answer B: Honest dealing and fair treatment, but fiduciary duties are owed primarily to the owner

The property manager is the owner's agent and owes fiduciary duties to the owner. However, the manager must deal honestly with tenants and comply with fair housing and landlord-tenant laws.

Exam Tip: Agency

Agency questions are among the most tested on the exam. Focus on the difference between client and customer, and memorize the fiduciary duties (OLD CAR). Watch for questions that try to blur the line between a general agent and a special agent.

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