Property Management
In Virginia, a property manager who manages residential rental property for a fee must hold:
AA property management certification from NAR
BA Virginia real estate license✓ Correct
CA Virginia business license only
DA Virginia contractor's license
Explanation
Managing residential rental property for compensation on behalf of others constitutes real estate brokerage activity in Virginia and requires a real estate license under Code § 54.1-2100.
Related Virginia Property Management Questions
- A Virginia tenant receives a 5-Day Pay or Quit notice. This means:
- A Virginia property manager must provide an annual accounting to the property owner. This accounting typically includes:
- A Virginia landlord wants to convert an apartment complex to condominiums. Under the Virginia Condominium Act, tenants must receive:
- Virginia's VRLTA requires landlords to maintain rental properties with:
- Under the VRLTA, which of the following is a landlord's duty regarding habitability?
- A Virginia property management company that accepts a kickback from a maintenance contractor in exchange for referrals is in violation of:
- A Virginia retail tenant whose lease includes a 'percentage rent clause' pays:
- A Virginia property manager who collects rents and manages leases on behalf of an owner must hold what credential?
Practice More Virginia Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Virginia Quiz →