What Is a Property Manager?
A property manager oversees and maintains real estate on behalf of owners. Typical duties include advertising vacancies, screening tenants, collecting rent, coordinating maintenance, and ensuring that properties comply with local laws. Property managers often act as the intermediary between landlords and tenants, making sure that day‑to‑day operations run smoothly.
Is a License Required?
In many states a special license—or a real estate broker or salesperson license—is required to perform property management duties (especially activities involving leasing and rent collection). Some states allow unlicensed individuals to manage their own or an employer’s property. Because requirements differ by state, consult the state page for specific rules.
Overview of the Licensing Process
The process typically involves:
- Determining the required license type – Some states require a property management license, while others require a real estate broker’s or salesperson’s license.
- Meeting eligibility requirements – Minimum age, background‑check clearance, and residency status may apply.
- Completing pre‑licensing education – Many states mandate coursework covering landlord–tenant laws, fair housing, and leasing practices.
- Passing an exam – Some jurisdictions require a state‑specific test.
- Submitting an application and paying fees – Applicants typically submit a form, proof of education, and a fee to the regulating authority.
- Obtaining insurance or a bond – Errors and omissions insurance or a surety bond may be required.
Regulatory Authority
The licensing authority varies by state. Common regulators include real estate commissions, departments of real estate, or professional licensing agencies. These authorities process applications, issue licenses, and enforce compliance with property management laws.
Renewal and Continuing Education
Most states issue licenses for a fixed term (often two to four years). Licensees must renew by:
- Submitting a renewal application and fee.
- Completing continuing education (CE) hours on topics such as fair housing, ethics, and legislative updates.
- Maintaining required insurance or bonding.
Reciprocity
Some states offer reciprocity agreements that allow license holders from one state to obtain a license in another with reduced requirements. Reciprocity varies widely; check the state page for details.
Select Your State
Use the state selector at the top to jump to a dedicated page for your state. Each state page provides details about eligibility, education, examination, fees, and renewal requirements.
Resources
- Real Estate Licensing Resource Center
- Real Estate Broker License Requirements
- Property Manager Continuing Education Tips
Next Steps
- Choose your state to view specific licensing requirements.
- Complete any required education and prepare for the exam if necessary.
- Submit your application with the state regulatory authority.
- Maintain compliance by renewing your license and completing continuing education on schedule.
