Property Management

In Ohio, a property manager has a conflict of interest when they:

AManage several properties for different owners in the same area
BHave a financial interest in a vendor they hire to perform work on the managed property without disclosing this to the owner✓ Correct
CCollect late fees on behalf of the property owner
DAdvise the owner to increase rents to market rate

Explanation

A conflict of interest arises when a property manager benefits financially from a vendor relationship without disclosing this to the property owner. This violates the fiduciary duty of loyalty.

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