Property Management
An owner hires a property manager and grants them 'general authority.' This means the manager may:
ASell the property without owner consent
BPerform a broad range of management functions as authorized in the management agreement✓ Correct
CEnter into mortgage agreements on behalf of the owner
DTransfer title to the property
Explanation
General authority in property management allows the manager to perform routine management tasks within the scope defined by the management agreement — such as leasing units, collecting rent, and arranging maintenance — but does not extend to extraordinary acts like selling the property.
Related California Property Management Questions
- A property manager wants to raise rents for existing tenants in a unit subject to local rent control. What must the manager do first?
- A property manager collects rent on behalf of an owner. Under California law, within how many days after the close of the month must the manager provide the owner with an itemized accounting of funds received and disbursed?
- What is the primary purpose of a management agreement between a property owner and a property manager?
- What is the 'implied warranty of habitability' in California residential rentals?
- A residential tenant in California gives 30 days' written notice to vacate. The tenant has lived in the unit for 3 years. Is this notice sufficient?
- What is a 'percentage lease' commonly used in which type of property?
- A property manager notices visible mold in a rental unit and the landlord instructs the manager to paint over it without disclosing the issue to a prospective tenant. What should the property manager do?
- A property manager's primary duty is to:
Practice More California Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free California Quiz →