Property Management
A New Mexico property manager's fiduciary duty to the property owner includes all of the following EXCEPT:
AMaximizing rental income
BMaintaining the property in good condition
CGuaranteeing the property will be leased at all times✓ Correct
DAccounting for all receipts and disbursements
Explanation
While a property manager must use best efforts to keep properties leased and well-maintained, they cannot guarantee 100% occupancy. The duty is to act with reasonable care and skill — not to guarantee outcomes.
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