Property Management requirements in Minnesota

Must Minnesota 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, he or she will need a broker's license. A salesperson working under a broker may engage in such activities.

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

YES. It is our understanding that unless the manager is employed by the association and only works for one association, a real estate license is required.

Minnesota 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

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 Minnesota:

 

Featured Property Management Companies in Minnesota

Renters Warehouse
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R.E.I. Property Management, LLC
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Profile Properties
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Real Property Management Twin Cities
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Urban Enterprises
We will take the worries away.
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Garnet Real Estate Services
We serve a growing need for a professional property management company that specializes in both commercial and residential.
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Gassen Companies
Gassen has been providing residential management services since 1969.
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Market Trend Realty dba Trend Rental Homes
We focus on customer service with NO hidden fees or set up charges.
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ASK Property Management
ASK Property Management is a full service management company with a professional office team trained in customer service and property management.
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Association Resource Group
ARG Services offers Professional Management of Condominiums, Homeowners Associations and Townhome Associations.
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Cambridge Management Services
Building A Future For Families
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Greater Midwest Properties
Greater Midwest Property is committed to maximizing the benefits of your real estate investment through efficient management of your properties.
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Nexus Real Estate Services
By using Nexus Real Estate Services LLC you not only get our great service, but years of relationships with all aspect of the business.
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Oxford Property Management
Oxford Property Management is a full service real estate property and asset management company.
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Pinnacle
Entrepreneurial Spirit. Creative Vision.
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R.P. Management
The most comprehensive, Minneapolis rental home and Minnesota rent to own listings with professional property management, leasing and maintenance services.
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Real Estate Equities Management
At Real Estate Equities, our goal is to serve our residents, partners and investors by providing housing for quality living.
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ShipRock Management
Rest assured that when we manage your property - your investment - we do so in a professional manner.
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Thrifty Management , LLC
MANAGEMENT SOLUTIONS FOR YOUR TOWN HOME ASSOCIATION
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Westport Property Management
"Creating Partnerships for Developing & Managing Sustainable Communities"
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