Property Management
In a typical residential property management scenario, the property manager's primary obligation is to:
AMaximize the tenant's quality of living
BAct in the best interests of the property owner while following all applicable laws✓ Correct
CMaintain strict neutrality between the owner and tenants
DMaximize property taxes to benefit the local government
Explanation
As an agent of the property owner, the property manager's primary obligation is to act in the best interests of the property owner (the principal) while complying with all applicable federal, state, and local laws, including fair housing laws, tenant rights statutes, and licensing requirements.
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