Property Management
- A property manager or entity is required to have an Arizona real estate license to manage residential or commercial property for property owners and receive compensation for such activity. The broker or entity manages the property pursuant to a property management agreement (A.R.S. § 32-2173).
- A community manager often called a "property manager" working on behalf of a Homeowners Association does not have to be licensed as a real estate salesperson or broker unless their duties include the sales or leasing of properties on behalf of individual property owners.
- Residential leasing agents or on-site managers of residential rental properties are not required to be licensed as real estate salespersons or brokers if they conduct activity at only one location during their regular workday and receive no special compensation (A.R.S. § 32-2121(A)(6)).
- A property manager for one nonresidential income property or for two or more contiguous nonresidential income properties that are under common ownership and is employed by the owner’s licensed management agent is not required to be licensed as a real estate salesperson or broker (A.R.S. § 32-2121(A)(8)).
- A person engaging in short term rentals, i.e., occupancies of thirty-one or fewer days in a dwelling unit, is not required to be licensed as a real estate salesperson or broker.
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