DeniseA2 (Washington)
Posts: 15
Posts: 15
Posted:
Washington State requires Property Managers to have a State Real Estate License if they do not own the property.
Very Important. Folks must remember that property managers have access to your association funds and must be accountable for this measure and responsibility.
RCW 18.85.011
Definitions.
(16) "Real estate brokerage services" means any of the following services offered or rendered directly or indirectly to another, or on behalf of another for compensation or the promise or expectation of compensation, or by a licensee on the licensee's own behalf:
(h) Performing property management services, which includes with no limitation: Marketing; leasing; renting; the physical, administrative, or financial maintenance of real property; or the supervision of such actions.
RCW 18.86.030
Duties of licensee.
(2) Unless otherwise agreed, a licensee owes no duty to conduct an independent inspection of the property or to conduct an independent investigation of either party's financial condition, and owes no duty to independently verify the accuracy or completeness of any statement made by either party or by any source reasonably believed by the licensee to be reliable.
You can put in your property managers name/business name to verify if they are real estate licensed
http://www.dol.wa.gov/business/checkstatus.html
Very Important. Folks must remember that property managers have access to your association funds and must be accountable for this measure and responsibility.
RCW 18.85.011
Definitions.
(16) "Real estate brokerage services" means any of the following services offered or rendered directly or indirectly to another, or on behalf of another for compensation or the promise or expectation of compensation, or by a licensee on the licensee's own behalf:
(h) Performing property management services, which includes with no limitation: Marketing; leasing; renting; the physical, administrative, or financial maintenance of real property; or the supervision of such actions.
RCW 18.86.030
Duties of licensee.
(2) Unless otherwise agreed, a licensee owes no duty to conduct an independent inspection of the property or to conduct an independent investigation of either party's financial condition, and owes no duty to independently verify the accuracy or completeness of any statement made by either party or by any source reasonably believed by the licensee to be reliable.
You can put in your property managers name/business name to verify if they are real estate licensed
http://www.dol.wa.gov/business/checkstatus.html