Property Management
In Wyoming, a property manager who enters into leases on behalf of an owner without proper authority may be:
AProtected since they were acting in good faith
BPersonally liable to the tenant if the lease cannot be enforced and to the owner for exceeding their authority✓ Correct
CShielded by the owner's ratification in all cases
DAutomatically protected by E&O insurance
Explanation
A property manager who exceeds their authorized scope (e.g., signing a 5-year lease when authorized only to sign year-to-year leases) may be personally liable to tenants for breach of warranty of authority and to the owner for damages resulting from unauthorized actions.
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