Property Management
A Florida property manager's fiduciary duties to the property owner include all of the following EXCEPT:
ALoyalty and good faith
BAccounting for all funds
CGuaranteeing the property will not lose value✓ Correct
DDisclosing all relevant information
Explanation
A property manager owes the owner loyalty, accounting, skill and care, and full disclosure — but does NOT guarantee property appreciation or protection from market-driven value declines. This would be an impossible standard.
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