Property Management
In Michigan, a property manager who discovers a major structural defect during management must:
AMake the repair immediately without consulting the owner
BNotify the property owner immediately and recommend professional assessment✓ Correct
CRequire all tenants to vacate the property
DFile a report with LARA within 48 hours
Explanation
A property manager who discovers a major structural defect must promptly notify the property owner, who as the principal makes the decision on how to proceed. The manager may recommend professional evaluation.
Related Michigan Property Management Questions
- In Michigan, the 'operating expense ratio' (OER) is calculated as:
- A Michigan property manager's primary fiduciary duty is to:
- In Michigan, a landlord must return a tenant's security deposit within how many days after the tenancy ends?
- In Michigan, a landlord's failure to maintain a heating system in working order during winter months may constitute:
- A Michigan property manager's responsibilities typically include all of the following EXCEPT:
- In Michigan, a residential lease for more than 1 year must be:
- In Michigan, a 'rent escalation clause' in a commercial lease allows the landlord to:
- In Michigan, when a tenant subleases their unit to another person without landlord permission, and the lease prohibits subleasing, the landlord may:
Practice More Michigan Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Michigan Quiz →