It would be the owner's responsibility in the management agreement to: Require the manager to keep insurance on the property Require the owner to carry insurance on the property Require the tenants to carry insurance on the property Make all parties carry indemnity insurance

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
It would be the owner's responsibility in the
management agreement to:
Require the manager to keep insurance on the property
Require the owner to carry insurance on the property
Require the tenants to carry insurance on the property
Make all parties carry indemnity insurance
Transcribed Image Text:It would be the owner's responsibility in the management agreement to: Require the manager to keep insurance on the property Require the owner to carry insurance on the property Require the tenants to carry insurance on the property Make all parties carry indemnity insurance
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