Property Management
A Wyoming property manager acting as an agent for a landlord has a fiduciary duty to:
AMaximize rent by any means necessary
BAct in the best interests of the landlord owner within the terms of the management agreement✓ Correct
CRepresent both the tenant and landlord equally
DPrioritize their own management fees above the owner's interests
Explanation
A property manager acting as the landlord's agent owes fiduciary duties to the owner, including loyalty, obedience, disclosure, confidentiality, and accounting. The manager must act within the scope of the management agreement and in the owner's best interests.
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