Property Management
A property manager's primary duty is to:
AMaximize the property manager's own income
BManage the property in the best interest of the property owner✓ Correct
CRepresent tenants in lease negotiations
DSet rental rates independent of the owner's direction
Explanation
A property manager acts as the owner's agent and owes fiduciary duties to the property owner, including managing the property to maximize the owner's return while complying with all legal requirements.
Related Montana Property Management Questions
- A Montana landlord who wishes to enter a tenant's unit to make repairs must generally provide at least:
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