Which act mandates the disclosure of conflicts to clients?

The correct answer is the CMSA Section 52, which specifically requires disclosure of conflicts to clients. This provision is a critical part of ensuring transparency and maintaining ethical standards in condominium management. It mandates that professionals in the real estate sector must inform clients of any situations where there may be a conflict of interest, allowing clients to make informed decisions regarding their associations with these professionals.

Section 52 emphasizes the importance of full disclosure in maintaining trust and integrity in client relationships. By formalizing the requirement to reveal conflicts, it enhances accountability and supports good governance practices within the condominium management industry.

While other acts may address various aspects of business practices or professional conduct, it is the CMSA that directly addresses the obligation of condominium managers to communicate any potential conflicts to their clients, reflecting a commitment to ethical business practices in this specific context.