Property Management
Which of the following is a West Virginia property manager's fiduciary duty to the property owner?
AMaximizing tenant occupancy by reducing rent below market rates without notice
BAccounting for all rental income and expenses and maintaining accurate records✓ Correct
CCommingling security deposit funds with operating funds for convenience
DMaking all repair decisions without informing the owner
Explanation
A property manager's fiduciary duties to the West Virginia property owner include proper accounting of all funds, maintaining accurate records, and providing regular reports on income, expenses, and property condition.
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