Montana Code 37-56-105. Qualification of property manager applicants — examination — issuance of license
37-56-105. Qualification of property manager applicants — examination — issuance of license. (1) An applicant for a property manager license must:
Terms Used In Montana Code 37-56-105
- Department: means the department of labor and industry provided for in Title 2, chapter 15, part 17. See Montana Code 37-56-101
- Property: means real and personal property. See Montana Code 1-1-205
- Property manager: means an individual who engages in the business of leasing, renting, subleasing, or other transfer of possession of real estate located in this state without transfer of the title to the property. See Montana Code 37-56-101
- Real estate: includes leaseholds as well as any other interest or estate in land, whether corporeal, incorporeal, freehold, or nonfreehold and whether the real estate is situated in this state or elsewhere. See Montana Code 37-56-101
(a)be at least 18 years of age;
(b)have graduated from an accredited high school or completed an equivalent education as determined by the department;
(c)apply for licensure to the department;
(d)have successfully completed a course of education approved by the department; and
(e)have passed an examination prescribed by the department.
(2)The course of education must include the subjects of real estate leasing principles, real estate leasing law, and related topics.