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Buckeyes
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Ohio PM laws
«
on:
April 22, 2005, 01:02:09 PM »
In Ohio, does a property manager have to be a licensed realtor or have any other license/certifications? I am moving out of town, and would like to have my best friend manage my properties (he currently owns/manages 10 of his own and does maintenence and most management duties for 30 of his father in laws properties). I know and trust my friend to do a good job with my rentals and would much rather have him do it (though more expensive) than a property management company. Does anyone know what the Ohio laws are on this, and if he can't be a "property manager", what am I able to have him do and still be legal?
Thanks a lot!
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Buckeyes
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Re:Ohio PM laws
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Reply #1 on:
April 24, 2005, 08:14:32 PM »
okay, then does anyone know how I can go about finding this information on my own?
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Dave T
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Re:Ohio PM laws
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Reply #2 on:
April 28, 2005, 06:42:24 PM »
This may be a good place to start --
Ohio Administrative Code
Most states do require a real estate brokers license to manage someone else's property for compensation. Some states even have a separate Property Management License requirement.
Most states exempt an individual from the licensing requirement who manages your own properties for you as your employee.
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Last Edit: April 28, 2005, 06:45:24 PM by Dave T
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Re:Ohio PM laws
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Reply #3 on:
April 28, 2005, 09:49:48 PM »
Dave,
Thanks so much, that's a great start. I'll check through the OAC link and see what specifics I can find. I only have a couple more weeks in town and I want to try to stay as legal as possible (and practical).
Much appreciated,
Steve R.
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