Property Management
In Tennessee, a property manager who collects rent and manages properties for others must hold:
AA property management certificate from the state
BA Tennessee real estate license under a principal broker✓ Correct
COnly a business license from their city
DA separate property management license from TREC
Explanation
In Tennessee, property management activities — including leasing, renting, and collecting rent for others — constitute acts requiring a real estate license. A property manager must be licensed and affiliated with a principal broker.
Related Tennessee Property Management Questions
- In Tennessee, a property manager's principal obligation when managing rental property is to:
- A property manager in Shelby County must comply with the URLTA because:
- In Tennessee, a landlord may evict a tenant for non-payment of rent by first:
- A property manager who applies discriminatory screening criteria in Tennessee will be liable under:
- In Tennessee, a landlord may deduct from a security deposit for all of the following EXCEPT:
- In Tennessee, a landlord must make a rental unit available for the tenant's possession by the beginning of the lease term. Failure to do so entitles the tenant to:
- A commercial lease that requires the tenant to pay rent, utilities, and property taxes but the landlord pays for insurance and maintenance is a:
- A Tennessee residential property manager who fails to maintain a trust account separate from operating funds is violating:
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