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In order to work as a property manager for compensation, an individual must:
Correct Answer: D
Under49 Pa. Code § 35.201 (Definitions), property management activities that include leasing, collecting rent, and negotiating lease terms require a real estate license unless the individual is directly employed by the property owner. * If a property manager is conducting leasing or rental activities for multiple property owners, they must be licensed and supervised by a broker. * The law ensures that individuals managing properties for others operate under proper ethical and legal guidelines. Why the other answers are incorrect: * Option A (Certification for Property Management):No separate property management certification is required under Pennsylvania law. * Option B (Separate Exam for Property Management):A separate exam for property management is not required. * Option C (Ongoing Property Management Courses):Continuing education is required for license renewal, but specific property management courses are not mandatory.
