Property Management
A property manager who signs leases on behalf of the property owner is acting under what kind of authority?
AImplied authority only
BExpress authority granted by the property management agreement✓ Correct
CApparent authority only
DEmergency authority
Explanation
A property manager's authority to sign leases must be expressly granted in the property management agreement. This is an express (not merely implied) grant of authority from the owner to the manager.
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