Property Management
A property manager's primary duty is to:
AMaximize occupancy regardless of tenant quality
BAct in the best interest of the property owner (principal)✓ Correct
CMaintain cordial relationships with all tenants
DMinimize maintenance expenses at all costs
Explanation
A property manager is an agent of the property owner (the principal). The manager's primary fiduciary duty is to act in the owner's best interest, which includes maximizing the property's value and income while properly maintaining the asset.
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