Property Management
A Virginia property manager who also invests in real estate must:
AAvoid all personal real estate investment to prevent conflicts
BDisclose any potential conflicts of interest to their clients✓ Correct
CObtain special VREB approval for each personal investment
DQuit the property management business before investing
Explanation
A property manager with personal real estate investments must disclose any actual or potential conflicts of interest to their clients, so the client can make informed decisions about whether the relationship should continue.
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