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.

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