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Commonly Asked Questions about Legal Property Management

In Alaska, Delaware, Florida, Georgia, Hawaii, Illinois, Nevada, Virginia and the District of Columbia, property managers must get a specific license. The requirements vary ing to each state, but typically you must have a real estate license before getting a permit to work as a property manager.
As such, property management companies must maintain an up-to-date real estate broker license in order to operate legally.
In Minnesota, renting and managing property are considered real estate activities under the law. As such, those engaged in these practices are required to have a valid real estate broker license. This includes listing property, negotiation, drafting rental agreements, or collecting money.
While there is no legal requirement for a property manager to have specific property management qualifications, many employers in the competitive field prefer to recruit candidates who have the qualifications, skills and knowledge to solidify their skills and experience.
In Florida, you are required to have your Brokers license to start your own property management company. Earning a Florida Brokers license requires two years of full-time real estate agent experience, 72 hours of Broker Pre-Licensing coursework, and passing a Broker exam.
In the state of Maryland, you do not need a brokers license to be a property manager. However, acquiring a property management license and brokers license are both relatively straightforward. You will be required to take a certain hours worth of coursework in both and pass a test to get certified.
Yes, most individuals managing properties in Alabama need to obtain a real estate broker license, as it is a legal requirement for the role in this state.
Key Qualifications to Become a Property Manager Minimum age of 18 or 21 years depending on the state. High school diploma or equivalent GED. Legal US citizen or permanent resident. Real Estate License Coursework and Passing Score on Real Estate Licensing Examination (if needed per state law)