Property Management
A Colorado property manager must provide the property owner with:
AA. Only an annual financial statement
BB. Regular accounting statements showing all income, expenses, and trust account activity, typically monthly✓ Correct
CC. Financial statements only upon request
DD. A quarterly audit by a CPA
Explanation
Colorado Commission rules require property managers to provide property owners with monthly (or as agreed) accounting statements detailing all trust account activity — rents collected, maintenance expenses, management fees, and disbursements. Accurate record-keeping and timely owner statements are essential obligations.
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