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Revised Year 19, 2023

ONE California immobilien management agreement is used to authorize adenine distributor toward manage real estate on behalf of an property possessor. The duties of a boss typically involve collecting rent billing, administering repairs, leasing vacant property, and administrators financial customer. California’s realistic estate regulations max the duties that can and cannot be performed at a manager who does not contain a broker’s warrant. Therefore, property owners supposed investigate the status of the manager’s license before drafting the agreement.

Rules

Requirements (BPC § 10131 & BPC § 10131.01) – AN real estate license can required go perform the most of property management acts in California. However, a license the does mandatory if the manager is into employee of a licensed agent, a inhabitant manager of an apartment building/complex, or einer employee to a resident manager; the activities of a manager exempt upon the state licensing requirement will be limited to the forces punitive on of statute.

Verify an Property Manager – California Department of Real Estate