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Property Management requirements in New YorkMust New York property management companies have a real estate broker's license?
Yes, if a property manager is going to rent, list, negotiates the rental of property, or collect rents he or she will need a broker's license. A salesperson working under a broker may engage in such activities.
A real estate management company needs a broker's license if it collects rent or places tenants in vacant spaces on behalf of a landlord client. If services are strictly maintenance, a broker's license is not required.
Must New York community association managers have a real estate broker's license?
NO. A broker's license is not required to manage community associations in New York.
New York Real Estate Broker Requirements:
- At least one year of experience as a licensed real estate salesperson, or two years experience n the general real estate field
- Satisfactorily complete both the qualifying salesperson course of 45 hours and an additional 45 hour real estate broker course
- Pass qualifying examination.
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 New York
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MPG Properties, LLC - Serving: Amherst, Aurora, Hamburg, Lancaster, Orchard Park MPG Properties, LLC provides award-winning property management services for owners and tenants in a wide variety of settings More Info...
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Cervelli Management - Serving: Bronx, Manhattan, Queens Cervelli Management Corp. takes a proactive role and provides guidance to help maintain the high standards expected of the community. More Info...
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New Bedford Management - Serving: Bronx, Brooklyn, Manhattan, Queens . New Bedford Management has a proven track record of providing hands-on management services supported by a staff of in-house professionals. More Info...
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Sierra Realty Corp. - Serving: Brooklyn, Manhattan, New York, Queens . Sierra’s property managers are ever alert to the needs of property owners and their tenants.
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Bella Vista Group - Serving: Buffalo, Erie County, Lackawanna, Lockport . We are a professional property management company dedicated to preserving and enhancing the value of your investment in our community. More Info...
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Bella Vista Group - Serving: Buffalo, Erie County, Lackawanna, Lockport We are a professional property management company dedicated to preserving and enhancing the value of your investment in our community. More Info...
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M & J Management - Serving: Fabius
Using our thorough approach to Property Management: saves our clients time, money and maximises the returns on their investment properties. More Info...
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A-One Property Management Inc. - Serving: Jericho, Nassau, Queens, Suffolk and New York Counties . A-One Property Management provides experienced and cost effective property management for all properties. More Info...
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Rialto Management Corp. - Serving: Manhattan
We service New York City's Real Estate Community. Our job is to handle the tenants, paperwork and filings so you do not have to. More Info...
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JDM Capital Corporation - Serving: Bronx, Brooklyn, New York, Poughkeepsie, Staten Island . Our history of success is the result of a resolute commitment to creating value. More Info...
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Paradigm Property Management - Serving: Bronx, Brooklyn, Manhattan, New York, Queens . Paradigm's goal is to forge a close working relationship with each of our clients, all the while keeping in mind the unique nature of each property. More Info...
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Salon Realty Corp. - Serving: New York City
We pride ourselves in maximizing the value of each property and exceeding the financial expectations of our clients.
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The Cabot Group - Serving: Buffalo, Rochester, Syracuse . Maximizing the value of our clients' real estate interests since 1972. More Info...
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Kravetz Realty Group - Serving: Statewide
Since 1946, property management has been and continues to be a core, uncompromising priority of our firm. More Info...
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