Property Management requirements in Pennsylvania
Must Pennsylvania property management companies have a real estate broker's license?
YES. Key components of property management (leasing and renting) are considered real estate activities under existing Pennsylvania real estate licensing laws. If a property manager is going to lease, list or manage real estate, or promote the rental of real estate, he or she will need a broker's license. A salesperson working under a broker may engage in such activities.
Are there any exceptions to the requirement that a Pennsylvania property manager have a real estate broker's license?
YES. For example, employees of owners of multifamily residential property who manage and maintain the property are exempt if they do not negotiate lease terms, hold money belonging to tenants other than on behalf of the owner and if they are not authorized to enter into leases on the owner's behalf. If the owner retains the authority to make all of those decisions, the employees may show apartments and provide information on rental amounts, building rules and regulations and leasing determinations.
Before hiring a property manager to manage your Pennsylvania rental property, you should always check that he or she is licensed appropriately. You can check the license status of Pennsylvania property managers using the state's Pennsylvania License Verification webpage.
Pennsylvania Community Association Management Licensing
There is no requirement that a community association manager or condo association manager in Pennsylvania hold a real estate broker's license.
Pennsylvania Real Estate Broker Requirements
Pennsylvania real estate broker requirements include:
Pennsylvania Real Estate Salesperson Requirements
Pennsylvania real estate salesperson requirements include:
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.