Property Management
A Montana property manager who collects a placement fee from a vendor (such as a plumber or landscaper) without disclosing it to the property owner is engaged in:
AStandard industry practice
BUndisclosed self-dealing that violates the manager's fiduciary duty and potentially Montana license law✓ Correct
CLegal fee-splitting permitted by all states
DA vendor rebate that benefits the property
Explanation
A property manager receiving undisclosed fees or kickbacks from vendors violates their fiduciary duty to the property owner. All compensation and potential conflicts of interest must be disclosed. In Montana, undisclosed self-dealing by a licensee can result in license discipline.
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