Property Management
A Kentucky property manager who is given a notice of foreclosure by the lender should:
AIgnore it and continue collecting rents
BImmediately notify the property owner and seek legal guidance✓ Correct
CStop collecting rent and return deposits
DTransfer all funds to the lender immediately
Explanation
A foreclosure notice is critical information that the property manager must immediately bring to the owner's attention. The manager should seek legal guidance to understand the implications for existing leases and management responsibilities.
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