Which of the following is a responsibility of a property manager?

Prepare for the Oklahoma Property Management Test with multiple choice questions, flashcards, and in-depth explanations. Ace your exam with confidence!

A vital responsibility of a property manager is maintaining the property and ensuring tenant satisfaction. This role encompasses a wide range of activities that contribute to the overall management of the property. A property manager must ensure that the property is well-maintained, which includes routine inspections, addressing maintenance requests, overseeing repairs, and managing the overall condition and appearance of the property.

Additionally, ensuring tenant satisfaction involves fostering good relationships with tenants, responding to their needs or concerns, and promoting a positive living environment. When tenants are satisfied, they are more likely to renew leases and take better care of the property, which is beneficial for the property owner.

On the other hand, setting rental prices at will does not reflect best practices, as pricing should be based on market research and comparable properties. Limiting the focus solely to tenant relations overlooks other crucial property management responsibilities, such as maintenance and financial management. Lastly, making decisions about property sales without the owner's consent is outside the ethical boundaries of a property manager’s duties, as they must always act in the owner's best interests within the scope of their authority.

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