Property Management
A New Mexico property manager's duty to account to the owner includes:
AProviding annual reports only
BMaintaining accurate records of all income and expenses, providing regular statements, and segregating client funds✓ Correct
CInvesting client funds to maximize returns
DReporting all tenant activities to the owner
Explanation
The duty to account requires the property manager to maintain accurate, complete financial records; provide regular (usually monthly) owner statements; and properly segregate and handle all client funds.
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