Property Management
A Texas property manager who manages a condominium complex is likely working for:
AIndividual unit owners on a per-unit basis
BThe condominium owners' association (COA) to manage common areas, enforce rules, and maintain the building✓ Correct
CTREC directly
DThe mortgage lender for the building
Explanation
Condominium property managers typically work for the Condominium Owners Association (COA), managing common areas, amenities, building systems, and enforcing the condominium rules and regulations. Individual unit owners are responsible for their own units. The COA hires and pays the property manager from association dues.
Related Texas Property Management Questions
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