Property Management
A Wyoming property manager who collects rents, negotiates leases, and manages maintenance for others must have:
AOnly a business license from the municipality
BA Wyoming real estate broker's license or work under a licensed broker✓ Correct
CA property management certification only
DNo license if managing fewer than 10 units
Explanation
In Wyoming, property management activities (leasing, collecting rent, negotiating leases on behalf of others) constitute real estate brokerage activity and require a Wyoming real estate broker's license or working under a licensed broker.
Related Wyoming Property Management Questions
- In Wyoming, a commercial tenant's gross sales are $1,200,000. Under a percentage lease with a natural breakpoint and 6% rent over the breakpoint, if the minimum rent is $60,000/year, what is the additional percentage rent?
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