Who can manage property without a property manager license?

The ability to manage property without a property manager license typically extends to both brokers and salespeople. In Montana, real estate brokers and licensed salespeople are authorized to engage in property management activities as part of their professional duties, provided they operate within the scope of their licensure. Brokers have a broader range of responsibilities and can supervise salespeople, but both are legally permitted to manage properties without needing a separate property manager license.

Understanding this point is essential because it highlights the regulatory framework within which real estate professionals operate, ensuring that they can perform various functions, including property management, as long as they are properly licensed. By clarifying the roles of brokers and salespeople in property management, it reinforces the importance of licensure in maintaining industry standards and protecting consumer interests.