Property Management requirements in North Dakota

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

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

North Dakota Real Estate Broker Requirements:

At least 18 years of age
Have been actively engaged as a licensed real estate salesperson for a period of at least two years preceding the date of application OR had had experience as determined by the commission to be substantially equal to that which a licensed real estate salesperson would ordinarily receive during a two year period.
show proof of 60 hours of Commission approved study prior to examination
pass the real estate broker examination

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 Management requirements in North Dakota Must North Dakota 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 North Dakota community association managers have a real estate broker's license? NO. A broker's license is not required to manage community associations in New Dakota. North Dakota Real Estate Broker Requirements: At least 18 years of age Have been actively engaged as a licensed real estate salesperson for a period of at least two years preceding the date of application OR had had experience as determined by the commission to be substantially equal to that which a licensed real estate salesperson would ordinarily receive during a two year period. show proof of 60 hours of Commission approved study prior to examination pass the real estate broker 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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