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. The completed document, once signed, can legally protect both parties should any disputes arise
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