Don't Assume Owner's Employee Has Actual Authority

September 30, 2016
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Commercial property owners, and especially those that own large or multiple properties, are likely to have several employees. But only certain members of a staff of professionals who help them operate their properties will have the official power to make lease deals. However, for your lease you may deal on an ongoing basis with the same employee, or employees who have official titles that sound authoritative. But the level of interaction they have with tenants during the negotiation process and their titles don't mean that these employees are allowed to make promises to tenants.

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