Property Management
A property manager in Pennsylvania acting for an owner must:
AHold a real estate license only if managing 10 or more units
BHold a Pennsylvania real estate license if managing property for compensation on behalf of others✓ Correct
CHold only a property management certificate, not a real estate license
DBe licensed only for commercial property management
Explanation
Under RELRA, anyone who manages real property — including collecting rents — for compensation on behalf of others must hold a Pennsylvania real estate license. The number of units managed does not create an exemption from the licensing requirement.
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