Property Management
In Missouri, a property manager's authority is limited by the terms of the:
AMLS rules
BProperty management agreement (management contract) with the owner✓ Correct
CMissouri Constitution
DMREC continuing education requirements
Explanation
A property manager's authority is defined and limited by the property management agreement, which specifies the manager's duties, authority to spend funds, and limits on their decision-making.
Related Missouri Property Management Questions
- Under Missouri law, a commercial property manager who has authority to sign leases under the management agreement is acting as the owner's:
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