Connecticut License Law

A Connecticut real estate broker manages property for a client. The management relationship creates what type of agency?

AGeneral agency, where the broker has broad authority to act on the client's behalf in property management matters✓ Correct
BSpecial agency, limited to a single transaction
CUniversal agency, with unlimited authority
DNo agency relationship; only a contractual relationship

Explanation

A property management relationship creates a general agency—the broker is authorized to act on the owner's behalf in a broad range of ongoing matters related to managing the property (collecting rents, executing leases, arranging repairs) rather than a single transaction.

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