Which of the following are mandatory in the new property manager required hours?

Prepare for the Montana Property Management Exam. Discover comprehensive flashcards and multiple-choice questions, with hints and detailed explanations. Excel in your exam journey!

The requirement for mandatory training hours for property managers is designed to ensure that they are knowledgeable about key aspects of property management, which include financial accountability and legal compliance. The inclusion of mandatory hours for trust accounts is particularly important because property managers often handle client funds, which must be managed according to state regulations. Understanding trust accounts ensures that property managers can effectively maintain and report financial records, protecting both themselves and their clients.

While fair housing, leasing principles, and state law update training are also relevant components of a comprehensive education for property managers, the focus on trust accounts specifically addresses a critical area of legal and financial responsibility that is essential in property management. Maintaining trust accounts correctly prevents misuse of funds and helps avoid legal issues, making its inclusion as a mandatory requirement a vital aspect of property management training.

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