Property Management
A property manager's management agreement should include all of the following EXCEPT:
AThe duration of the management contract
BThe manager's compensation and fee structure
CThe owner's social security number✓ Correct
DThe scope of the manager's authority
Explanation
A management agreement should specify the term, compensation, authority, and responsibilities. While the owner's tax ID may be needed for tax reporting purposes, the personal social security number should not be included in the agreement itself for security reasons.
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