Colorado Property Management License. Hoa information and resource center. Effectively starting this june community association managers will not need any type of licensing to perform their duties.
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In colorado a real estate broker s license is required to legally operate as a property manager. Professionals in real estate law construction accounting finance insurance hospitality facilities management and even military service have become. Licensing registration requirements.
Many of the duties of a traditional property manager fall under the colorado real estate commission s crec definition of real estate activity including the leasing and management of real estate for a fee negotiating lease terms and handling security deposits and rental receipts.
A homeowner s association is a private association formed by a real estate developer for the purpose of marketing managing and selling homes and lots in a residential subdivision. Historically the property management community has pointed to this exemption to licensing requirements in taking the position that on site apartment managers do not require a license. Licenses require 168 hours of education passing an exam insurance and a background check. Licensing registration requirements.
