Property Management
A Montana property manager who is also a licensed broker receives a referral fee for referring a tenant to a moving company. The manager must:
AKeep the fee as additional income without disclosure
BDisclose the referral fee to the tenant and the property owner✓ Correct
CRefuse all such fees to avoid conflicts of interest
DDisclose only to the property owner, not the tenant
Explanation
Under Montana license law and general agency principles, a property manager/broker must disclose any referral fees or additional compensation received in connection with the management to both the principal (owner) and affected parties.
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