Property Management
A NH property management agreement typically grants the manager authority to do all of the following EXCEPT:
ACollect rents on behalf of the owner
BExecute leases within specified parameters
CSell the property on behalf of the owner✓ Correct
DArrange for routine maintenance and repairs
Explanation
A standard property management agreement authorizes the manager to collect rents, execute leases, and arrange for maintenance—but does NOT authorize the manager to sell the property. Selling real estate requires a separate listing agreement and, in most cases, the property owner's direct authorization.
Related New Hampshire Property Management Questions
- A NH residential tenant who sublets their apartment without the landlord's permission when the lease prohibits subletting has:
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