Property Management
In Louisiana, a commercial property manager responsible for a multi-tenant office building should maintain which of the following for each tenant?
AOnly a copy of the lease
BLease files containing the lease, rent rolls, correspondence, inspection reports, maintenance records, and financial accounts✓ Correct
COnly financial records for tax purposes
DRecords required by the LREC Property Management Division
Explanation
Comprehensive tenant files for commercial properties should include: the executed lease and all amendments, rent rolls, correspondence, inspection reports, maintenance and repair records, insurance certificates, and financial accounts. These are essential for effective property management and legal compliance.
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