A property manager discovers that a maintenance contractor they regularly use is owned by their spouse. What action should the property manager take to address this potential conflict of interest?

Question: A property manager discovers that a maintenance contractor they regularly use is owned by their spouse. What action should the property manager take to address this potential conflict of interest?

Answer options:

• Continue using the contractor as long as the work is satisfactory.
• Keep the relationship confidential to avoid complications. ✅ Disclose the relationship to the property owner and seek their approval, or a clear management plan.
• Immediately terminate the contract with the spouse's company.

Correct answer: Disclose the relationship to the property owner and seek their approval, or a clear management plan.

Explanation: Ethical guidelines and regulations (e.g., RECBC, ACMO) require property managers to disclose any potential conflict of interest to their client. The client can then make an informed decision on how to proceed, which may include approving the arrangement or requiring an alternative.