Property Management
In Georgia, a property management agreement should specify:
AOnly the management fee percentage
BThe scope of services, management fee, duration, authority to sign leases, and maintenance spending limits✓ Correct
CThe names of all prospective tenants
DThe appraised value of the property
Explanation
A comprehensive property management agreement should specify: scope of services, management fee structure, duration, authority levels (such as maximum repair expenditure without owner approval), and how to handle tenant relations.
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