In property management, careful handling of landlord-tenant responsibilities is a part of which obligation?

The handling of landlord-tenant responsibilities primarily falls under the manager's obligations to the owner. This duty involves ensuring that the property is leased appropriately, maintaining compliance with relevant landlord-tenant laws, and addressing tenant needs and concerns effectively. The property manager serves as a liaison between the owner and the tenants, meaning they must uphold the legal and contractual obligations that affect both parties.

This obligation includes ensuring that tenants are aware of their rights and responsibilities, conducting proper lease agreements, collecting rent, and managing tenant complaints or issues. By fulfilling these responsibilities, the property manager protects the owner's investment, maintains tenant satisfaction, and minimizes risks associated with property management.

While aspects like budgeting, financial reporting, and property maintenance are important, they are more about the operational and financial aspects of property management rather than directly addressing the landlord-tenant relationship and managing those responsibilities effectively.