Property Management
A North Dakota property manager who signs a lease with a tenant for a term longer than authorized in the management agreement is:
AActing with apparent authority and the lease is fully enforceable
BActing beyond their authority (ultra vires), potentially exposing themselves and the owner to liability✓ Correct
CProtected from liability since they have a real estate license
DAutomatically authorized since they are an agent of the owner
Explanation
If a property manager exceeds their authority as defined in the management agreement (e.g., signing a lease for a longer term than permitted), they are acting beyond their authority. The owner may not be bound by such unauthorized acts.
Related North Dakota Property Management Questions
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