Property Management Power of Attorney
I'm closing on a 14 unit apartment in Cincinnati in a couple weeks. I'm still looking for a property manager. I've found one who's terms I like, but as I was reviewing the property I saw a "Special Power of Attorney" clause. I not sure if this is normal, but most of it looked pretty mundane except the last part.
I don't mind them having the ability to hire people to make "authorized" repairs and what not, but if I'm reading correctly (and I may not be) it looks like they can request, hire, retain and direct an attorney on my behalf without my authorization. So my first question is, is this really necessary? And my second question is, what type of liability does this open me up to with regard to my PM forcing me to spend money?