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Property Management requirements in MassachusettsMust 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. |
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Featured Property Management Companies in Massachusetts
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Mobile Realty Works Inc. - Serving: Andover, Boston, Brookline, Cambridge
Our goal is to bring our clients the highest satisfaction by continually striving to increase value and revenue from their investments. More Info...
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Greater Boston Properties, Inc. - Serving: Arlington, Beverly, Boston, Lowell, Randolph . “We strive to establish a safe and harmonious community. You can expect the highest level of attention and respect towards your investment.” More Info...
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J.B. Property Solutions, Inc. - Serving: Boston
We are committed to personalized service through open communication and expedient, effective follow-through to help ensure the smooth operation of a property.
More Info...
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Mediate Management Company - Serving: Boston
Innovation Through Empowerment. Mediate Management company is committed to providing services that will best accommodate our clients’ needs. More Info...
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Alpine Property Management - Serving: Chelmsford, Concord, Lowell, Marlboro, Waltham , and Eastern Massachusetts.
We are a full-service management company with more than 20 years of experience in the greater Boston area. More Info...
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The Niles Company, Inc. - Serving: Quincy
The Niles Company has honed its business practices over the last nine decades to consistently deliver excellent service to its clients.
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