Question: 19. What formal contract defines and explains the duties and responsibilities of the property owner and the real estate manager? The management agreement The financial

19. What formal contract defines and explains the duties and responsibilities of the property owner and the real estate manager?

The management agreement

The financial report

The emergency procedures plan

The annual budget

None of the above

20. What type of plans do real estate managers develop to conduct regional, neighbourhood, and property analysis to determine rental rates and target audience?

Management plans

Risk management plans

Marketing plans

Maintenance plans

None of the above

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