Are you looking to become a property manager in Florida? Or perhaps you’re already working in the industry and want to take your career to the next level? Whatever your goals, obtaining a property manager license in Florida is an essential step towards success.
In this comprehensive guide, we’re going to walk you through everything you need to know about getting your property manager license in Florida. From the requirements and application process to exam details and continuing education, we’ve got you covered.
What is a Property Manager?
Before we dive into the specifics of obtaining a property manager license in Florida, let’s first define what a property manager actually does.
Put simply, a property manager is responsible for overseeing the daily operations of one or more rental properties. This can include tasks such as advertising vacancies, screening tenants, collecting rent, coordinating maintenance and repairs, and ensuring compliance with local and state regulations.
In Florida, property managers are required to be licensed by the state Department of Business and Professional Regulation (DBPR). This license ensures that property managers have the knowledge, skills, and ethical standards necessary to perform their job duties in a professional and competent manner.
Requirements for a Property Manager License in Florida
So, what are the requirements for obtaining a property manager license in Florida? Let’s take a closer look:
Requirement | Details |
---|---|
Age | Must be at least 18 years old |
Education | No education requirements |
Experience | Must have at least 2 years of experience in property management or a related field |
Background Check | Must pass a criminal background check |
Exam | Must pass the Florida property manager exam |
Note: If you have a Florida real estate license, you do not need a separate property manager license.
Application Process for a Property Manager License in Florida
Once you meet the requirements for a property manager license in Florida, the next step is to submit an application to the DBPR. Here’s what you’ll need to do:
- Complete the application form provided by the DBPR
- Provide documentation of your work experience (such as a resume or letter from your employer)
- Submit to a fingerprint-based criminal background check
- Pay the application fee (currently $223.50)
Once your application has been processed and approved, you will be eligible to take the Florida property manager exam.
The Florida Property Manager Exam
The Florida property manager exam is a comprehensive test of your knowledge of property management laws, regulations, and best practices. The exam consists of two parts:
- A 100-question general knowledge section
- A 60-question section on Florida-specific laws and regulations
You must score at least 75% on each section in order to pass the exam. If you fail one or both sections, you may retake the exam after a waiting period of 30 days.
Continuing Education Requirements for Property Managers in Florida
After obtaining your property manager license in Florida, you will need to complete continuing education courses in order to renew your license every two years. The requirements are as follows:
License Type | CE Requirements |
---|---|
Community Association Manager (CAM) | 16 hours of CE every 2 years |
Real Estate Broker | 14 hours of CE every 2 years (including 3 hours of core law) |
Real Estate Sales Associate | 14 hours of CE every 2 years (including 3 hours of core law) |
Property Manager | 14 hours of CE every 2 years (including 3 hours of core law) |
Continuing education courses must be approved by the DBPR and cover topics related to property management, real estate, or community association management.
Benefits of Obtaining a Property Manager License in Florida
If you’re considering obtaining a property manager license in Florida, you may be wondering what the benefits are. Here are just a few:
- Increased earning potential: Licensed property managers often earn more than those without a license
- Increased job opportunities: Many property management companies require or prefer licensed property managers
- Professional credibility: A license demonstrates to clients and employers that you have the knowledge and skills necessary to perform your job duties
FAQs about Property Manager Licenses in Florida
Here are some common questions and answers about property manager licenses in Florida:
How long does it take to get a property manager license in Florida?
The amount of time it takes to obtain a property manager license in Florida depends on how quickly you can complete the application process and pass the exam. Generally, the process takes a few months from start to finish.
Do I need a property manager license to manage my own rental properties in Florida?
No, you do not need a property manager license to manage your own rental properties in Florida. However, if you manage properties for others for compensation, you will need a license.
What is the difference between a property manager and a community association manager in Florida?
A property manager is responsible for overseeing the daily operations of rental properties, while a community association manager (CAM) is responsible for managing homeowners’ associations (HOAs) and condominium associations. In Florida, CAMs are also required to be licensed by the DBPR.
Can I apply for a property manager license in Florida if I have a criminal record?
It depends on the nature of the offense. The DBPR will consider each case individually and may deny a license based on certain criminal convictions. However, having a criminal record does not necessarily disqualify you from obtaining a property manager license in Florida.
Conclusion
Obtaining a property manager license in Florida is an important step towards a successful career in the industry. By meeting the requirements, passing the exam, and completing continuing education courses, you can demonstrate your knowledge, skills, and professionalism to clients and employers.
If you’re ready to take the next step in your career, we encourage you to start the application process today. Good luck!