Which service is outside the responsibilities of Limited Licensees according to regulations?

The responsibility of signing client contracts falls outside the scope of duties typically assigned to Limited Licensees. Limited Licensees, while having the ability to engage in certain activities related to condominium management, are restricted from executing legally binding agreements on behalf of clients. This limitation is in place to ensure that only individuals with a full license, who possess the requisite training and authority, handle contracts that bind clients to specific obligations and terms.

In contrast, client advisory services, management of reserve funds, and client representation are tasks that Limited Licensees can perform under specific circumstances. These roles are vital within the context of condominium management, as they involve providing essential support and guidance to clients while ensuring the financial health and governance of the condominium. However, the act of signing contracts requires comprehensive understanding and accountability that is not afforded to Limited Licensees under current regulations.