Property Management

What is the difference between a property manager and a real estate broker in Ohio?

AThere is no difference
BProperty managers performing leasing functions must hold an Ohio real estate license✓ Correct
CProperty managers only need a contractor's license
DProperty managers are regulated by the Ohio Department of Commerce only

Explanation

In Ohio, individuals who negotiate leases, show rental property, or accept compensation for property management activities must hold an Ohio real estate license. Building owners managing their own properties are exempt.

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