Property Management
A Utah property manager who terminates a management agreement should:
AStop managing immediately without any transition
BProvide the required notice, transition all records and funds to the owner, and properly close the account✓ Correct
CKeep the security deposits until final accounting is done 1 year later
DImmediately transfer all leases to another management company of their choice
Explanation
Proper termination of a management agreement requires giving the required notice period, transferring all property records, trust funds, keys, and documents to the owner, and providing a final accounting.
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