Property Management
A Louisiana property manager who has authority to sign leases on behalf of the property owner has which type of authority?
AImplied authority only
BExpress authority granted in the property management agreement✓ Correct
CApparent authority based on past conduct only
DStatutory authority under Louisiana License Law
Explanation
Express authority is explicitly granted in writing in the property management agreement. The scope of the manager's authority to sign leases, collect rents, authorize repairs, and perform other acts should be clearly stated in the management agreement.
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