Property Management
A Utah property manager who collects rent must account to the property owner:
AOnly upon the owner's request
BRegularly as specified in the management agreement, typically monthly✓ Correct
COnly annually for tax purposes
DOnly when there is a change in rent
Explanation
Property managers are fiduciaries who must provide regular accounting to property owners. Most management agreements require monthly statements showing rents collected, expenses paid, and net proceeds disbursed—matching the rental cycle.
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