A property manager is commonly referred to as which type of agent?

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Multiple Choice

A property manager is commonly referred to as which type of agent?

In agency relationships, the breadth of authority defines the type of agent. A property manager acts on behalf of the owner to handle a range of ongoing tasks—leasing units, collecting rents, arranging maintenance, approving expenditures within budget, and managing tenant relations—across the life of the property. This broad, continuing authority is characteristic of a general agent. A special agent, by contrast, is limited to a single specific task or transaction; a universal agent would have authority to do anything the principal can do, which is not typical for property management; a dual agent represents both sides in the same transaction, which also doesn't fit the standard management arrangement. So the property manager is best described as a general agent.

In agency relationships, the breadth of authority defines the type of agent. A property manager acts on behalf of the owner to handle a range of ongoing tasks—leasing units, collecting rents, arranging maintenance, approving expenditures within budget, and managing tenant relations—across the life of the property. This broad, continuing authority is characteristic of a general agent.

A special agent, by contrast, is limited to a single specific task or transaction; a universal agent would have authority to do anything the principal can do, which is not typical for property management; a dual agent represents both sides in the same transaction, which also doesn't fit the standard management arrangement. So the property manager is best described as a general agent.

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