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Updated over 3 years ago, 03/08/2021
Property manager approving tenants
I’ve been talking with several property management companies to manage a property out of state and think I have identified one that I like, has great reviews and one I have an overall good feeling about. The only issue that I see is their policy that states that they approve and sign a new lease on my behalf without my approval. Is this normal for a property manager to sign a tenant who meets the requirements without ownership approval? It also states they can negotiate all extensions and renewals. Is this normal as well? Just curious how much involvement is normal when using a property manager