Property Management
In Kansas, a commercial property manager who also receives compensation from the tenant (kickbacks from preferred vendors) without disclosing it to the property owner is engaging in:
AA normal practice in commercial management
BA conflict of interest and breach of fiduciary duty requiring disclosure and potentially constituting conversion✓ Correct
COnly an ethical violation with no legal consequence
DAn acceptable practice if fees are under $500
Explanation
Undisclosed vendor kickbacks to a property manager at the property owner's expense are a breach of fiduciary duty and may constitute a violation of Kansas license law.
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