May unlicensed persons serve as property managers for rental properties?
Commission Rule 535.13(b) states that those who hold themselves out as “property managers” for others and for compensation must be licensed, provided the person also rent or leases the property for the property owner. However, many property management functions appear to fall within categories of activities that do not require licensure. These include bookkeeping functions and arranging for repairs. So long as an unlicensed person carefully limits his or her property management activities to those which do not require a license, neither criminal charges nor Commission disciplinary action would be warranted. Note that persons acting as on-site managers at apartment complexes are exempt from licensure under Section 1102.005(7) of the License Act. Q: What can a licensee do to avoid criminal or disciplinary actions? A: First, a broker should NOT let his or her license or any of the licensed associates’ licenses lapse. The lapse of a license, often inadvertent, is a common basis for discipl
