Property Management
In South Dakota, a property manager who manages both the property and acts as a tenant's agent is in a:
ASingle agency representing only the owner
BDual agency with conflicts of interest that must be disclosed and managed✓ Correct
CTransaction brokerage relationship
DLegal arrangement not recognized in South Dakota
Explanation
A property manager who represents both the owner (whose property is being managed) and a tenant (helping the tenant find housing) has a dual agency conflict that must be fully disclosed to both parties. Most property management agreements restrict the manager from representing tenants in transactions involving their managed properties.
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