Property Management
A property manager in North Carolina must hold which license to manage residential rental property for others for compensation?
AA property management certification only
BA North Carolina real estate broker's license✓ Correct
CA business license from the county
DNo license is required for property management
Explanation
Managing rental property for others for compensation constitutes real estate brokerage activity in NC, requiring a real estate broker's license.
Related North Carolina Property Management Questions
- A NC 'ground lease' is a commercial arrangement where:
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- A NC property manager who suspects a tenant is using the property for illegal drug manufacturing should:
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- Under the NC Vacation Rental Act, a property manager who rents out a vacation property must ensure the tenant receives a copy of:
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- In NC, a residential tenant whose unit becomes uninhabitable due to conditions NOT caused by the tenant may have the right to:
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