Property Management requirements in Rhode Island

Must Rhode Island property management companies have a real estate broker's license?

Yes, if a property manager is going to lease, list 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.

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

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

Rhode Island Real Estate Broker Requirements:

• 18 years of age or older
  
  
• Legal resident of the U.S.
  
  
• Evidence of one year full time experience as a real estate salesperson prior to date of application OR 90 hours of classroom study in subjects related to real estate in an accredited school
  
  
• Study requirement may be waived if applicant possesses a baccalaureate degree with a major in real estate from an accredited college or university
  
  
• Pass the broker examination