Property Management
In Louisiana, a property manager's 'standard of care' in managing a property requires them to:
AAct as the average untrained person would
BExercise the degree of care, skill, and diligence that a competent, licensed property manager would exercise under similar circumstances✓ Correct
CGuarantee specific financial results for the owner
DFollow only the owner's instructions without regard to legal requirements
Explanation
A property manager's standard of care is that of a competent, licensed professional — exercising reasonable skill, care, and diligence in managing the property, complying with all applicable laws, and acting in the owner's best interest.
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