Wednesday, May 25, 2011

Who Can Manage Real Property In North Carolina?

Where would you even look to find the answer to this question?
Other than asking a knowledgeable landlord tenant attorney, or reading this blog (published by a knowledgeable landlord tenant attorney), the Real Estate Commission website has a lot of information for anyone who is interested in the regulation of real estate in North Carolina.

First Question: What is Property Management?

According to the NC Real Estate commission, the term "property management" encompasses a broad range of complex activities, it may in its simplest form be said to consist of (1) procuring suitable tenants for rental property, (2) collecting rents/security deposits, (3) providing for the care and maintenance of the leased premises, and (4) maintaining records regarding the property.

Second Question: Who Can Manage Real Property?

The list is pretty short: 1) a licensed realtor; 2)the property owner; 3) employees of the property owner; 3)a manager in the owner's limited liability company (the manager means in the formal LLC sense, but they do not have to also be a member); and clerical, maintenance or janitorial personnel or other person~ who are not involved in the renting' or leasing of real estate.

Third Question: Who Is An Employee of the Owner?

To determine whether persons are regular employees of the property owner (as opposed to agents or independent contractors), the Real Estate Licensing Board applies the following tests:

Does the property owner personally exercise strict control and supervision over such persons?

Does the property owner compensate these persons on a salary basis rather than on a commission or transactional basis?

Does the property owner pay social security taxes on their earnings?

If the answer to any of these questions is "no", then a presumption is raised that the person is not, in fact, an employee of the property owner, and therefore a real estate license would be required in order for this person to handle real estate transactions for the owner.

Fourth Question: Can a Real Estate Broker Form a Management Company And Employ Unlicensed Individuals to Manage Property Under His Supervision?

In a word, NO.

Fifth Question: Is It Really A Big Deal If I Manage A Property Without Authority?

To act as an agent in the leasing or renting of real estate without the required license(s) is a criminal offense.

When employing a management company you should confirm that they are licensed to manage property in North Carolina. As a final thought, not all management companies are equally knowledgeable and effective. Make sure that they are experienced and keep abreast of the constantly changes laws and ordinances that affect your property and your tenants.

Norman D. Praet, Esq. - Assisting owners and managers of rental property.


  1. Your contents are too simple to read and easy to understand. springfield mo property management

  2. To handle your own residential property is very difficult, you should take help of professional property management experts who can manage your property well. here we are going to tell you few step to find best property management company. Read more at

  3. Property managers have to be good with people. If you aren't good with people then you will never be able to have good relationships with your clients or tenants. Everyone loves a helpful property manager.

  4. Incredible Bali is a residential development by Incredible Lands and Farms. It has a thoughtful design and is well equipped with all the modern day amenities as well as basic facilities. The project offers various odd dimensional plots and villas.

    Farm Land in Hyderabad

    Farm Land for Sale

    Lands in Hyderabad

    Investment in Land

    Plots in Hyderabad

  5. Anyone having no knowledge about the real estate management or property management can have some basic info from this blog. Basically we can find certain property management laws differ from country to country. Interested person for property management should possess this much info. I can refer for a good property management company at North Carolina location. Real Estate Management Companies Greensboro, NC. Anyways, thanks for the info.

  6. Hello, Thanks for your blog idea.It is so follow able.
    I have read the blog and I will follow your blogging idea.
    Your blog writing style very good able.I would be very helpful form your blog.Property Management

  7. I have a home with a walkout basement that is finished. It is fully functional as a second home. I am looking to rent this space out preferably to a mature individual or couple. Do I need any special inspections, licenses or permits in order to do this. The property is located in Kernersville, NC?

  8. Another problem with this dataset is that its quite difficult to tell the difference between a whole building sale and an apartment or house sale.


  9. free parking software
    violation management
    Free Parking Software for Town Houses, Condominiums, and Businesses Solves Parking Problems
    Searching for a parking space is such as frustrating routine activity for lots of people in cities all over the world. This search is burning over a million barrels of oil of the world each day. There are also 4-parking spaces every vehicle in the US and almost all streets are most of the time, empty, which leads to urban environments that are ironically doing far more to accommodate the vehicles than people. As the global population continuously urbanize, without a convenience-driven and well-planned retreat from cars, these sort of parking problems will worsen. software is the first step in the right decision. It involves using low-cost sensors, mobile phone-enabled, and real time data collection automated payment systems enabling people to reserve parking in advance or predict accurately where they can find a spot. When deployed as a system, free parking software thereby reduces car emissions in the urban centers by means of reducing the necessity for the people to circle the city blocks needlessly searching for parking. Furthermore, it permits the cities to manage their parking supply carefully.
    This free parking software is now being developed in many different states and cities around the United States and some other countries. For instance, in LA, smart meters and low-power sensors are tracking the occupancy of parking spaces across the Hollywood district, one of the most congested areas. The users will be able to access this occupancy data in order to determine the availability of the spots and then pay for them with their mobile phones. Other than the environmental benefits and lending convenience, free parking software is improving the utilization of the current parking, which lead to greater revenue for parking owners.
    These programs will be able to make great differences on a neighborhood level, but more widespread development and deployment is necessary for free parking software to change the cities and to contribute to the transportation sector pollution reductions greenhouse gas. One problem is that there are no citywide solutions all over the fragmented private and public parking providers. The occupancy data has a tendency to have many owners and is not accessible or standardized in a way that may enable software developers to turn into user-friendly applications. Thereby, individual smart parking efforts are so far successful locally, but uncoordinated, and operates in their own entrepreneurial or bureaucratic vacuums without a need to take gap between current free parking software and more widespread transportation system planning is an enormous missed opportunity for the cities to reduce the transportation related emissions.
    Moreover, free parking software has been hindered by a lack of insight into the complete benefits of this software, specifically when compared to the cost of building extra parking spaces. Lack of collaboration between communities with the parking software programs, as well as lack of coordination between hardware providers, municipalities, and developers is also contributing to the slower adoption of smart parking. Nevertheless, it is possible to overcome all these issues. Cities will be able further accelerate these advantages by means of updating the land use and building codes policies to reflect the reduced need for parking.

  10. Sometime it becomes very hard to find a well written and well established bog which give you correct and useful information. However, I found this blog and got some relevant information which are really helpful for me.


  11. Find the right residential management company in Baltimore and make your property profiting for you without even putting any efforts for it. You can hire property management company Baltimore as they are reliable and trustworthy company that worth the cost for keeping your property maintained and making it profiting.these guys are umpire service experts

  12. Very nice information in this post provides online services like Apartment Management Software, housing society accounting software, society management software and business management software. I am using upayogee Society management software for my housing society and very happy with this software.

  13. Rapidly this unique amazing online site will truly irrefutably come to be prominent among virtually all penning some blog page each gender, considering that persistent articles and other content not to mention opinions.

  14. Some people do not know what real estate property mangers did so it is helpful information. Gordon Rutty knows more about how to manage real estate proeprties.

  15. North Carolina is very famous place for real property so it it is big challenge to manage real property. It is also effective information to know more about real property. Real estate investment of Australia is another platform for managing real estate property.

  16. Phenomenal Blog! I may want to thank for the endeavors you have manufactured in composing this post. I'm trusting the same best work from you down the road management adelaide

  17. You describe here amazing topic nice dear.
    Aceliving is provide also good property management services in Brampton & Vaughan Areas.
    Property management services Brampton
    Property management services Vaughan

  18. AtulEnterprises offers top class Luxury Villas in Pune, Westenhills, Row House in Pune, Bungalow in Pune, Atul Enterprises.Visit for more details.
    Luxury Villas, Row House, Bungalow in Pune

  19. Thanks for sharing the information and keep on updating us regularly.
    Property Value | Property Valuation | My Property Value

  20. Find your next home from our 1-bedroom, 2-bedroom Apartments For Lease in Vancouver, WA. Pet-friendly rental units with modern comfortable amenities. Apply at TheUptownApartments Now!


Legal Disclaimer

The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for individual advice regarding your own situation. Nothing in this blog shall create an attorney-client relationship. The opinions expressed herein are those of the blogger and not of the PRAET LAW FIRM, PLLC.