Property Management
A property manager's fiduciary duty of accounting to the owner requires:
AFiling the owner's income taxes
BMaintaining accurate records of all income received and expenses paid on the owner's behalf✓ Correct
CProviding the owner with daily financial updates
DAuditing the owner's personal finances
Explanation
The property manager owes the owner a duty of accounting — maintaining accurate, complete records of all rents collected, expenses paid, and disbursements made, and providing regular reports.
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