A property manager discovers a conflict of interest where their personal business could benefit from a decision made for a client's property. What is the most ethical course of action?

Question: A property manager discovers a conflict of interest where their personal business could benefit from a decision made for a client's property. What is the most ethical course of action?

Answer options:

• Proceed with the decision if it ultimately benefits the client, even with the personal gain. ✅ Disclose the conflict to the client and obtain their informed consent, or recuse themselves.
• Keep the conflict private to avoid creating distrust with the client.
• Prioritize personal gain as long as no direct harm comes to the client.

Correct answer: Disclose the conflict to the client and obtain their informed consent, or recuse themselves.

Explanation: Ethical guidelines require property managers to disclose any potential conflicts of interest to their clients and obtain informed consent to proceed, or to remove themselves from situations where such a conflict exists, ensuring client interests are paramount.