Required State License(s):

"Property Management" is defined in the Occupational Code to be the leasing or renting, or offering to lease or rent, properties belonging to others, under a property management contract.  This activity is performed as a third party, for a fee.

If a company or individual is providing leasing or renting services for a property owner pursuant to a property management contract, a real estate broker's license IS required, from the very first leasing activity.  Real estate salespersons can also perform these activities but always under the supervision of an employing broker.  See:  www.michigan.gov/realestate

If the only activities a company is providing are lawn care, snow removal, physical building maintenance, rent collection, condominium association management (with no leasing or renting involved), a real estate license is NOT required.

If it is the property owner, or a direct employee of the owner, performing the renting or easing activity for the employer in the employer's name, a real estate license is NOT required. 

For more information:  Contact the Department of Licensing and Regulatory Affairs, Bureau of Commercial Services, at 517-241-9288 or visit our website at www.michigan.gov/realestate.

Further information:

To attain a professional certification as a ‘property manager' call (312) 661-1930, the Institute of Real Estate Management, in Chicago, IL.

Revised:  04/2007