A Delaware property management agreement allows a property manager to hire another party to manage landlord responsibilities on their behalf. The document will describe the responsibilities of both parties, including the manner in which the property manager will be compensated.
A Delaware property management agreement allows a property manager to hire another party to manage landlord responsibilities on their behalf. The document will describe the responsibilities of both parties, including the manner in which the property manager will be compensated.
License Required? Yes. Leasing, selling, renting properties, and negotiating rental contracts require a broker’s license (§ 2901(a)).
Property Management Services – A license is not required as long as the property manager does not engage in the purchase, sale, lease, or rental of the property (§ 2901(e)(5), § 2902(18)).
Verify a Manager – https://delpros.delaware.gov
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