Property Management
A Virginia commercial property manager who executes leases on behalf of the owner must have:
AA property management certification only
BA Virginia real estate broker's license or be affiliated with a licensed broker✓ Correct
CA general contractor's license
DWritten authorization from VREB for each lease
Explanation
Negotiating or executing commercial leases on behalf of an owner for compensation is a licensed activity in Virginia. The property manager must be a licensed broker or affiliated salesperson under a licensed broker.
Related Virginia Property Management Questions
- In Virginia, a landlord who locks out a tenant without a court order commits:
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- Under the Virginia Residential Landlord and Tenant Act, a landlord's prohibited actions include all of the following EXCEPT:
- A Virginia landlord who is also a VREB licensee and manages rental properties they personally own:
- Under the VRLTA, a landlord who uses a tenant's security deposit to cover cleaning costs must provide the tenant with:
- A Virginia property manager's annual report to the property owner should include:
- In Virginia, a property manager who manages residential rental property for a fee must hold:
- A Virginia HOA's rules and regulations can be enforced through all of the following EXCEPT:
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