Property Management
When a New Mexico property manager vacates a management account due to a dispute with the owner, the correct action regarding client funds is to:
AKeep all funds until the dispute is resolved
BReturn all client funds to their rightful owners immediately✓ Correct
CTransfer funds to the NMREC
DDeposit funds into the manager's personal account for safekeeping
Explanation
Regardless of disputes, client funds (rents, deposits) held in trust must be returned to their rightful owners immediately. A property manager has no right to hold client funds as leverage in a dispute.
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