Property Management
In New Mexico, a property manager who receives rents must disburse owner proceeds:
AAnnually
BAs specified in the management agreement, typically monthly after deducting authorized expenses and fees✓ Correct
COnly when the owner requests disbursement
DQuarterly only
Explanation
The management agreement specifies the disbursement schedule — typically monthly. The manager collects rent, pays authorized expenses, deducts their management fee, and remits the net proceeds to the owner along with a detailed accounting statement.
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