Property Management requirements in Rhode Island
Must Rhode Island property management companies have a real estate broker's license?
YES. Key components of property management (leasing, renting and managing) are considered real estate activities under existing Rhode Island real estate licensing laws. If a property manager is going to lease, list, manage or rent real estate, or if he or she holds herself out as engaging in those activities 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 Rhode Island property?
YES. For example, property owners and their regular employees who acts of property management are performed in the regular course of, or as an incident to the management of the property.
Before hiring a property manager to manage your Rhode Island rental property, you should always check that he or she is licensed appropriately. You can check the license status of Rhode Island property managers by referring to the state's licensee lookup.
Rhode Island Community Association Management Licensing
There is no requirement that a community association manager or condo association manager in Rhode Island hold a real estate broker's license.
Rhode Island Real Estate Broker Licensing Requirements
Rhode Island real estate broker requirements include:
Rhode Island Real Estate Salesperson Licensing Requirements
Rhode Island real estate salesperson licensing 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.