Washington D.C. Property Management Agreement | Commercial & Residential

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Updated September 19, 2023

A Washington D.C. property management agreement is a contract that defines the terms of a relationship between a property owner and a property manager. The agreement outlines a licensed property manager’s rights and responsibilities within the purview of district law, which states what property managers must do and what they cannot. For example, managers must account for all money and properties received and may not engage in any activities related to the sale of the property.

Laws

D.C. Code, Title 47, Chapter 28, Subchapter I-B, Part K

Requirements (§ 47–2853.142) – An applicant for licensure as a property manager must be a high school graduate who is able to read, write, and understand English. He or she must have passed an exam given by the Board of Real Estate and must not have had a property manager’s license revoked or license application denied. More information about eligibility for a property management license is available here. His or her duties are outlined in Part P of Title 47, Chapter 28, Subchapter I-B.

Verify a Property Manager – DCRA License Search