Property Management
A Virginia landlord who is also a VREB licensee and manages rental properties they personally own:
ANeeds a separate property management license
BIs exempt from VRLTA
CMay manage their own properties without a license but the VRLTA still applies to their tenants✓ Correct
DMust hire a licensed property manager
Explanation
Property owners managing their own properties do not need a real estate license. However, the VRLTA still applies to their residential tenants, providing minimum rights and protections.
Related Virginia Property Management Questions
- A Virginia property manager receives a check from a tenant payable to the property owner. The property manager must:
- A Virginia tenant on a fixed-term lease sublets the unit without the landlord's written permission. The landlord may:
- A Virginia property manager collects a $3,000 security deposit for an apartment renting at $1,500/month. This violates the VRLTA because:
- Under the VRLTA, a landlord who wrongfully withholds a security deposit may be liable to the tenant for:
- Under the Virginia Landlord and Tenant Act (VRLTA), a landlord must return a security deposit within how many days after the tenancy ends?
- Under the VRLTA, a landlord who wrongfully withholds a security deposit faces a penalty of:
- The Virginia Landlord and Tenant Act requires landlords to provide tenants with a written rental agreement. If no written agreement exists, the tenancy is governed by:
- Under the VRLTA, a landlord's failure to make essential repairs after proper written notice allows the tenant to:
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