Property Management
A South Dakota property manager who signs leases on behalf of the property owner must have:
AWritten authorization from the owner in the management agreement✓ Correct
BA power of attorney from every tenant
CA separate license from the SDREC for each property managed
DOnly verbal authorization from the property owner
Explanation
Authority to sign leases on behalf of an owner must be expressly granted in writing in the management agreement or a separate power of attorney. Written authorization protects all parties.
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