Property Management
A Louisiana property manager who signs a management agreement on behalf of the property management company is acting as an agent of:
AThe tenant
BThe property owner (principal)✓ Correct
CThe LREC
DThe title company
Explanation
In a property management relationship, the property management company (and its licensed managers) act as agents of the property owner (the principal). The manager's actions in managing the property bind the owner within the scope of the management agreement.
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