Property Management
In Idaho, what must a property manager do when an owner instructs them to violate fair housing law?
AFollow the owner's instructions — the owner controls the property
BRefuse to follow the illegal instruction and may need to terminate the management agreement✓ Correct
CFollow the instruction but document it
DReport the owner to IREC and follow the instruction pending investigation
Explanation
Property managers are independently subject to fair housing law and cannot shield themselves by claiming the owner instructed them to discriminate. They must refuse illegal instructions and may need to terminate the management agreement.
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Key Terms to Know
Listing Agreement
A contract between a property owner and a real estate broker that authorizes the broker to market and sell the property.
Earnest MoneyA deposit made by the buyer when submitting a purchase offer, demonstrating serious intent and serving as consideration for the contract.
ContingencyA condition in a purchase contract that must be satisfied before the sale can proceed to closing.
Purchase AgreementA legally binding contract between a buyer and seller that outlines the terms and conditions of a real estate sale.
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