An Alaska property management agreement is a legal document that outlines the responsibilities of a manager hired by an owner of residential or commercial property. The property manager can be an individual or a management company as long as the person overseeing the property is a licensed real estate broker.
An Alaska property management agreement is a legal document that outlines the responsibilities of a manager hired by an owner of residential or commercial property. The property manager can be an individual or a management company as long as the person overseeing the property is a licensed real estate broker.
License Required? Yes, a real estate license is required if a person will perform property management duties. A property manager must disclose that they are a licensed agent to prospective tenants (12 AAC 64.570).
Agreement Required? Yes, if a licensed manager is to engage in property management activity, an agreement must be made between the parties (12 AAC 64.550).
Verify a Manager – www.commerce.alaska.gov
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