Property Management
A Pennsylvania property management company that manages commercial properties must:
AOnly hold a property management certificate, not a real estate license
BHold a Pennsylvania real estate broker's license for any management activities requiring a license✓ Correct
CRegister with PADEP for all managed commercial properties
DObtain a separate license from the PA Department of State for commercial management
Explanation
Property management activities for others for compensation require a Pennsylvania real estate license. The management company must be a licensed brokerage (or affiliated with one) and all activities requiring a license — collecting rent, negotiating leases, managing properties — must be conducted by or through a licensed broker.
Related Pennsylvania Property Management Questions
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