Property Management
What type of agency relationship exists between a property manager and a property owner?
ASpecial agency — one specific transaction
BGeneral agency — the manager is authorized to perform a range of acts on the owner's behalf related to the property✓ Correct
CDual agency — the manager represents both owner and tenant
DUniversal agency — unlimited authority
Explanation
A property manager acts as a general agent for the property owner. Unlike a special agent (authorized for one specific act), a general agent is authorized to conduct a range of activities (renting units, collecting rent, arranging maintenance, paying bills) on the owner's behalf.
Related California Property Management Questions
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