Laws

License Required? – Yes. An active real estate broker’s license is required if the manager gets paid to perform or negotiate the following activities (§ 858-102(2)):

• Lease real estate
• Advertise a rental property
• Find new tenants

Exceptions – State law outlines several exceptions where property management activities can be performed without a license. Most notably, a license is not required for a resident manager or the employees of a licensed broker who leases affordable housing to low-income tenants (§ 858-301).

Verify a Manager – orec.us.thentiacloud.net