Indiana 90-Hour Broker Course Practice Exam

Question: 1 / 400

A property manager acts as which type of agent for the owner?

Special agent

General agent

A property manager typically acts as a general agent for the owner. This relationship allows the property manager to perform a wide range of tasks on behalf of the property owner, such as collecting rent, maintaining the property, managing tenants, and handling day-to-day operations. Unlike a special agent, who is appointed to perform a specific task or transaction on behalf of the principal, a general agent has broader authority to act in the best interests of the principal across multiple ongoing tasks and responsibilities.

This structure enables property owners to delegate comprehensive management duties while maintaining ownership of the property. As general agents, property managers are trusted to make decisions and take actions that are necessary for the effective management of the property, reflecting a higher level of authority than that granted to a special agent or other types of agents.

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Designated agent

Sub-agent

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