power of attorney

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Q: What are the document retention requirements for property management companies?

What is the document retention requirement of a property management company for power of attorney and financial lease documents? – Patrick from Jacksonville Beach, FL For real estate professionals, the general rule of thumb is that you should retain copies of all expired leases for at least seven years. This…

Q: Can you manage a relative’s property without a license?

“My brother lives out of state but has a home in Alabama that is currently being rented. He has asked me to manage the property in his absence. I am not a licensed [property manager]. Can I legally manage his rental home?”  – Dee from Gadsden, AL The best simple…

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