Property Management
In Wyoming, a property manager who has been given a power of attorney by a property owner has authority to:
AOnly collect rent on behalf of the owner
BAct on behalf of the owner in real estate matters as specified in the power of attorney document✓ Correct
CSell the property without the owner's knowledge
DOverride any decision the owner has made
Explanation
A power of attorney grants the holder (attorney-in-fact) authority to act on the grantor's behalf in matters specified in the document. A properly drafted power of attorney can authorize the property manager to execute leases, make repairs, and handle other property management tasks within the scope defined.
Related Wyoming Property Management Questions
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