Property Management
A Florida property manager is managing a property and the owner becomes incapacitated. The management agreement is typically:
ATerminated immediately upon incapacity
BContinued under the authority of the owner's legal guardian, trustee, or power of attorney holder✓ Correct
CTransferred to the nearest relative
DExtended automatically for 12 months
Explanation
If a property owner becomes incapacitated, management continues under the authority of whoever has legal authority to act on behalf of the owner — such as a court-appointed guardian, trustee of a living trust, or holder of a durable power of attorney.
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