Property Management
A Montana property manager preparing to transition management of a large apartment complex to a new management company should ensure:
AThe current manager keeps all records permanently
BOrderly transfer of all tenant files, trust account balances, maintenance records, and vendor contracts to the new manager✓ Correct
CAll current leases are terminated before the transition
DOnly verbal instructions are given to the incoming manager
Explanation
A professional management transition in Montana requires organized handoff of all tenant files (applications, leases, correspondence), security deposit trust account balances, maintenance history, vendor contracts, property condition documentation, and key management information to protect both the property owner and tenants during the transition.
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