Property Management
In South Carolina, which document specifies the terms of a property management relationship between an owner and a property manager?
AThe lease agreement
BThe property management agreement✓ Correct
CThe listing agreement
DThe agency disclosure form
Explanation
A property management agreement is the contract between the property owner and the property manager. It specifies management fees, duties, authority to execute leases, maintenance responsibilities, and other terms of the relationship.
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