What must be maintained for the safety of property managed by the conservator?

Maintaining accurate records is crucial for the safety of property managed by a conservator. This ensures accountability and transparency regarding the management of the conservatee's assets. Detailed records provide a clear account of all transactions, including income, expenses, and asset management decisions. This level of documentation helps prevent misuse of funds and protects both the conservator and the conservatee by creating a reliable history of asset management.

Furthermore, accurate records enable effective oversight, whether by courts, other professionals, or family members. They facilitate the ability to respond to inquiries or audits regarding the conservatorship and can play a vital role in demonstrating that the conservator is fulfilling their fiduciary duties responsibly and ethically.

In contrast, the other options do not contribute to the safety of the property in meaningful ways. Frequent public displays do not inherently address safety concerns or accountability. Lack of communication is detrimental, as it can lead to misunderstandings and a lack of transparency in management. Shared ownership could complicate the conservator's responsibilities and create conflicts rather than ensuring safety and proper management of the property.