Mississippi License Law
A Mississippi licensee who acts as a property manager for residential rentals must:
AObtain a separate property management license in addition to their real estate license
BHold an active real estate license, as property management activities fall under the definition of real estate brokerage in Mississippi✓ Correct
CBe exempt from licensing since property management is not real estate brokerage
DObtain a special MREC property management designation
Explanation
In Mississippi, property management activities — including leasing, collecting rents, and managing properties for others for compensation — constitute real estate brokerage activities requiring an active real estate license. No separate property management license exists.
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