Real Estate: Property Management Exam Questions/Answers
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When a broker or property manager signs a contract to manage an owner's property he becomes a Correct Answer: Fiduciary In establishing a client's trust account, a property manager must do all of ... the following Correct Answer: -control the receipts and disbursements on the account -use pre-numbered checks for the account -be an authorized signer on the account An owner of real estate who engages a property manager to manage his property must receive a copy of the signed property management agreement.... when? Correct Answer: PROMPTLY [Show More]
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