Property Management
A Michigan property manager's primary fiduciary duty is to:
AThe tenants of the property
BThe property owner (principal)✓ Correct
CThe local zoning authority
DLARA
Explanation
A property manager is an agent of the property owner and owes primary fiduciary duties to the owner, including loyalty, confidentiality, obedience, disclosure, and accounting.
Related Michigan Property Management Questions
- The 'constructive eviction' doctrine in Michigan allows a tenant to:
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