Property Management
In Nevada, a property management agreement must be in writing and should include:
AThe manager's social security number
BScope of authority, management fees, and duration of the agreement✓ Correct
CA list of all tenants in the building
DThe assessed value of the property
Explanation
A property management agreement is a contract between the owner and the management company. It should specify the manager's authority, fee structure, duration, termination provisions, and reporting requirements.
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