Property Management
A management contract with an 'indemnification clause' means:
AThe property manager guarantees rental income
BThe owner agrees to protect the manager from liability arising from following the owner's lawful instructions✓ Correct
CThe manager is not responsible for any expenses
DThe owner pays for all liability insurance
Explanation
An indemnification clause typically protects the property manager from personal liability for actions taken in accordance with the owner's lawful instructions, shifting liability to the owner in appropriate circumstances.
Related Georgia Property Management Questions
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