Property Management
A Kentucky property manager receives a tenant's notice to vacate. The manager's primary obligation is to:
AFile an immediate eviction notice
BBegin marketing the unit promptly to minimize vacancy✓ Correct
CContact KREC about the vacancy
DReduce other tenants' rents to compensate
Explanation
A property manager's fiduciary duty to the owner requires minimizing vacancy. Upon receiving notice, the manager should begin marketing the unit to find a qualified replacement tenant.
Related Kentucky Property Management Questions
- A Kentucky commercial lease with a triple net (NNN) structure means the tenant pays:
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- Constructive eviction occurs when:
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