A property manager must disclose in writing to the owner in a timely manner the use of any employees or a business in which the property manager has a financial interest who are to perform work on an owner's property.

The statement is true because property managers have a fiduciary duty to their clients, which includes the obligation of full disclosure. This responsibility means that if a property manager or their employees, or a business in which the property manager has a financial interest, are to perform work on the owner's property, they must inform the owner in writing. This helps to maintain transparency and integrity in the property management relationship.

By disclosing potential conflicts of interest, property managers ensure that owners are fully aware of who is performing work on their property, allowing owners to make informed decisions. This policy also serves to protect the property manager from potential liability or allegations of misconduct, as it establishes clear communication and trust between the property manager and the owner. Failing to provide this disclosure could lead to significant issues, including legal repercussions or damage to the professional relationship.