Property Management
Under Oklahoma law, a property manager who collects rents and manages property on behalf of others must hold:
AAn Oklahoma property management certificate only
BAn Oklahoma real estate broker or salesperson license✓ Correct
CA property manager's certification from IREM
DNo license if employed by the property owner
Explanation
Property managers who manage property and collect rents for compensation on behalf of others in Oklahoma must hold an active real estate license (broker or salesperson under a broker), unless they are direct employees of the property owner.
Related Oklahoma Property Management Questions
- Oklahoma property management companies that manage properties owned by investors should provide monthly reports that include which key information?
- Under Oklahoma law, a residential landlord must return a tenant's security deposit within how many days after the tenancy ends?
- An Oklahoma property manager collects security deposits. Under Oklahoma law, security deposits for residential properties:
- A property manager in Oklahoma who manages properties on behalf of others for compensation must have:
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- An Oklahoma property manager receives a request from law enforcement to enter a tenant's unit without the tenant's knowledge. The property manager should:
- An Oklahoma commercial property manager preparing a property for sale should provide the prospective buyer with:
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