Property Management (alternative)
A Maryland property manager who is also a licensed real estate broker handling transactions involving properties they manage should ensure:
AOnly the management functions are disclosed
BFull disclosure of dual roles (as manager and transaction agent) to all parties and proper management of any conflicts✓ Correct
CThat only one function is performed at a time
DMREC approves the dual arrangement
Explanation
When a property manager also handles sales transactions for the same properties, they must fully disclose their dual roles and manage potential conflicts of interest transparently.
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