Property Management
In Ohio, a written property management agreement between a broker and a property owner must contain:
AOnly the property address
BThe scope of management services, compensation, and duration of the agreement✓ Correct
CA guarantee of minimum rental income
DNames of all prospective tenants
Explanation
A property management agreement must clearly define the scope of services, compensation/fees, the duration of the agreement, and the parties' obligations to be a valid and enforceable contract.
Related Ohio Property Management Questions
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