While Some Property Owners Choose to Perform Both the Property

Multiple Choice

While some property owners choose to perform both the property and asset manager functions themselves, many commercial property owners choose to employ professional property managers instead. The property manager works under a management contract in which the manager is empowered to serve as the owner's fiduciary. This type of relationship is more commonly referred to as a(n) :

A) agency relationship
B) open listing relationship
C) joint-venture
D) correspondent relationship