Property Management
A West Virginia property manager negotiates a new lease with a commercial tenant. The manager's authority to sign the lease must come from:
AThe WVREC license
BThe management agreement explicitly authorizing lease execution✓ Correct
CAny licensed broker in West Virginia
DThe county recorder's office
Explanation
A property manager's authority to execute leases on behalf of the owner must be explicitly granted in the management agreement. Without such authorization, the manager may negotiate but cannot bind the owner to a lease.
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