California · Chapter 49 of 59
Property Management
Property management agreements, landlord-tenant law, security deposits, and types of leases.
25-minute read · Built for the DRE Salesperson Exam
property management agreementsecurity deposit2 months rent limit21 days returngross leasenet leasepercentage leaseground lease
Property Management License Requirements
Property management (collecting rent, finding tenants, managing property for others) requires a California real estate license UNLESS the manager is an employee of the property owner. Most property managers hold a broker license or work under a broker. Resident managers of apartment buildings do not need a license.
B&P Code §10131(b)
Loading…