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Yes, the State of Colo, If someone is managing residential property 4 units or less that is not theirs, they have to have a Active real estate License.

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13y ago

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How can someone in the United States get a license for real estate property management?

One can get a license for real estate property management at 18 years of age and after obtaining a high school diploma or GED. There is an application to be filled out and many fees to be paid.


Do I need a real estate license to open a property management company in Florida?

Need a license when renting or Leasing or attempts to rent or lease real property of another for compensation. Does not need a license when a salaried employee of an owner of an apartment community working in an onsite rental office. Source: myfloridalicense dot com


Can a property management company hire someone without a real estate license and give them commissions to rent apartments?

Yes, a property management company can hire someone without a real estate license to assist with various tasks, such as marketing or administrative duties. However, in many jurisdictions, only licensed real estate agents can receive commissions for renting apartments or conducting real estate transactions. It’s essential to check local laws and regulations, as they vary by state or region regarding what unlicensed individuals can do in real estate.


Can an employer hire a person to manage property without a real estate license?

Generally, in the US, a property manager doesn't need to have a real estate license. In the UK, the landlord needs a licencefor the property. You can read more about that rule in the UK at the link provided below.


What is involved in starting a property management company?

Many things involved, you should have enough capital, relations with tenants, landlords and other concerning authorities. As a new company your rates should be competitive, also need experience in real estate so that you can cover all aspects.

Related Questions

Who manages property management in the state of California?

There are several state laws that govern property management in California. Apparently, a real estate license is required there in order to manage property. You can inquire at your local city hall to discover the licenses required by your property manager, in your particular situation. Otherwise, there is no 'manager' of property managers at the state level in California.


What do you need to do to get a Property Management License in California?

To obtain a Property Management License in California, you must first complete a series of required pre-licensing education courses, typically totaling 135 hours, which includes topics like real estate principles and property management. After completing your coursework, you must pass the California Real Estate Salesperson Exam. Additionally, you must submit a completed application to the California Department of Real Estate and pay the necessary fees. It's also important to note that, while property managers do not need a specific property management license, they must have a real estate license to manage properties for others.


Do you need a license for property management in Massachusetts?

Real Estate License: Although not mandatory for property management activities such as leasing and renting, obtaining a real estate license in Massachusetts can be helpful for your long-term success as a property manager. It provides you with a foundational understanding of real estate laws and practices.


Is a plumbing license required to install pool equipment?

not for your own property.


Do you need a license to start a commercial property management company in New Zealand?

No


Do you need a real estae license for property management in Ohio?

yes 7065997019


Are taxi cab companies in westmoreland county Virginia required to have a business license?

Not only are they required to have a business license but they are also required to have a special commercial license in order to even accept money for a ride as well as special insurance.


How can someone in the United States get a license for real estate property management?

One can get a license for real estate property management at 18 years of age and after obtaining a high school diploma or GED. There is an application to be filled out and many fees to be paid.


Do I need a license to advertise for sale by owner property?

No, an owner can advertise his property at any time. A real estate license is required if one is being paid a commission to sell a property belonging to someone else.


What else can you do with a real estate license besides sales?

Property Management! It's a fun field and you work with all walks of life! We love it! Experience: Property management and investment real estate Providence Management & Investments


Do you have to have a hunting license to hunt on family land in Alabama?

If the land is in your name, are not required to have a license."I am a resident of Alabama. Must I purchase a hunting license to hunt on lands I own in Alabama? No, residents of Alabama are not required to purchase a hunting license to hunt on property they own."


What are the documents required for companies not covered under excise for export to Nepal?

trade and commercial license