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Connecticut Property Management Agreement | Commercial & Residential

A Connecticut property management agreement is between an owner of real estate and a company or individual they've hired to manage their property. Certain property managers may be "on-site" employees of the owner who are responsible for maintaining multiple units in a single apartment building or complex.
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Laws

Requirements – A property manager is required to obtain a broker’s license when they, in exchange for compensation, perform real estate activities categorized under the legal definition of a “real estate broker.” These duties include leasing property and collecting rent.[1]

A salesperson working for a broker does not need a license. Additionally, an on-site manager hired by the owner does not need a license, although they may only partake in specific real estate activities.[2]

Verify a Property ManagerConnecticut eLicense

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