Property Management requirements in Massachusetts

Must Massachusetts property management companies have a real estate broker's license?

Yes, if a property manager is going to lease, rent, list, procure prospects or negotiate, assist, or offer to perform any of those acts, her or she will need a broker's license. A salesperson working under a broker may engage in such activities. (Chapter 112: Section 87PP).

Must Massachusetts community association managers have a real estate broker's license?

NO. A broker's license is not required to manage community associations in Massachusetts.

Massachusetts Real Estate Broker Requirements:

  • be employed or affiliated with a licensed real estate broker in performing real estate activities for at least one year, for a minimum of 25 hours per week under such broker's supervision.

  • proof of successful completion of education requirement

  • comply with all application procedures

  • pass the broker licensing examination

  • provide proof of mandatory surety bond

  • LLCs and LLPs must maintain professional liability insurance

Property Management Requirements Main Page

IMPORTANT: This information is intended for informational purposes only and under no circumstances should it be considered legal advice or relied upon without first confirming its contents with your state real estate commission. Laws are updated frequently, and this information may not reflect the current law in your state. To confirm the specific requirements for each state, please contact your state real estate commission.

 

Property Managers in Massachusetts:

 

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