Georgia Property Management Agreement

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Georgia Property Management Agreement

A Georgia property management agreement between a property owner and a manager employed to oversee the property. The contract will describe the extent of the manager’s authority; their responsibilities often include rent collection, finding new tenants, collecting security deposits, and repairs.

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Last updated May 13th, 2025

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A Georgia property management agreement between a property owner and a manager employed to oversee the property. The contract will describe the extent of the manager’s authority; their responsibilities often include rent collection, finding new tenants, collecting security deposits, and repairs.

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Laws

License Required? Yes. Any individual performing property management duties must have a broker’s license (§ 43-40-1(2)(h), § 43-40-30).

Exception: A license is not required if:

  • The property manager is a full-time employee of the property owner (§ 43-40-29(a)(8)).
  • The person hired to manage the property is a full-time employee of a community association (§ 43-40-29(a)(8.1)).
  • A licensed broker employs an unlicensed individual, and the activities authorized are provided in a written agreement between the broker and the employee (§ 43-40-29(a)(10))

Verify a Manager – https://ata.grec.state.ga.us