Property Management requirements in Ohio

Must Ohio 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, or if he or she operates, manages or rents any building or portions of buildings to the public as tenants (other than a custodian, caretaker or janitor) he or she will need a broker's license. A salesperson working under a broker may engage in such activities.

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

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

Ohio Real Estate Broker Requirements:

• At least 18 years of age
  
  
• Have been actively engaged as a licensed real estate salesperson for an average of thirty hours a week for a period of at least two of the last five years preceding the date of application, with at least 20 transactions
  
  
• show proof of having taken the following courses:
  
  
  • 40 hours of prelicensing Ohio Real Estate Law
    
    
  • 40 hours of prelicensing Ohio Real Estate Principles and Practices
    
    
  • 20 hours of prelicensing Real Estate Appraisal
    
    
  • 20 hours of prelicensing Real Estate Finance
    
    
  • A Financial Management course
    
    
  • A Human Resources or Personnel Management course
    
    
  • An Applied Business Economics course
    
    
  • A Business Law course
  
  
• A minimum of two years of post-secondary education, or equivalent hours of (60) sixty semester or (90) quarter hours.
  
  
• 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.

Property Managers in Ohio:

• Cincinnati, OH
• Columbus, OH
• Dayton, OH
• Cleveland, OH
• Akron, OH
• Toledo, OH
• Canton, OH
• Youngstown, OH
• Mansfield, OH
• Warren, OH