Manager’s Authority and Duties Clause Samples

Manager’s Authority and Duties. Manager’s authority and duties pursuant to this PMA include the following: (a) Management & Leasing. Owner employs Manager as his or her exclusive authorized agent to use all lawful means to lease, renew leases, rent, operate, and manage the Property. Manager shall use diligent efforts to secure and qualify tenants for the continual leasing of the Property every time a vacancy occurs and shall use and execute a lease that is prepared by an Alabama-licensed attorney (which may be altered or amended by such attorney, as is necessary to comport with Alabama law). Manager warranties nothing about the actual “quality” of the tenant but ensures the use of professional business selection procedures in procuring apparently and seemingly qualified tenants. Owner understands that not all tenants who apply will be qualified to lease the property and understands that Manager may disqualify certain tenants based upon selection criteria and upon the good judgment of the Manager. Manager shall lease the property for a term of no more than 12 months per lease, unless otherwise agreed in writing by Owner or unless the market conditions require deviation, as Manager determines in good faith. Manager shall use such lease as it deems appropriate to protect the interests of Owner.