Property Management
A New Mexico property manager discovers that the owner wants to raise rents above market rate by 30%. The manager's responsibility is to:
AImplement the increases immediately without question
BAdvise the owner on market conditions and likely consequences (higher vacancy, difficulty retaining tenants), but ultimately follow the owner's lawful instructions✓ Correct
CRefuse to manage the property if rents exceed market
DReport the owner to NMREC
Explanation
A property manager's role includes providing professional market advice. While the manager should advise the owner of likely consequences of above-market rents, the final decision belongs to the owner. The manager follows lawful instructions while fulfilling their advisory role.
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