Property Management
A Virginia property manager's professional liability for errors and omissions (E&O) insurance covers:
ACriminal acts by the property manager
BNegligent acts, errors, or omissions in performing property management services✓ Correct
CPhysical damage to the property
DTenant personal injury claims
Explanation
E&O insurance covers the property manager's liability for professional negligence, errors, and omissions in performing management duties — such as failing to collect rent, improper lease management, or inadequate maintenance oversight.
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