Which duty involves maintaining insurance?

• A. Maintain adequate insurance
• B. Audit and pay bills
• C. Maintain tenant relations
• D. Show and lease space

Answer: (A)

This question is about risk management in property oversight. Maintaining adequate insurance is the duty that safeguards the investment by ensuring the property has the right coverage, with appropriate limits and up-to-date policies to handle events like fire, liability claims, or loss of income.

Keeping insurance current and sufficient helps prevent catastrophic financial losses and meets lender or regulatory requirements as property and operations evolve. The other tasks—auditing and paying bills, maintaining tenant relations, and showing and leasing space—are important operational duties, but they do not involve arranging or maintaining insurance coverage.