Residential Property Management Essentials (3)
For many real estate professionals, property management is a natural extension of their expertise. Whether you’re thinking about taking on your first property or looking to grow your property management business, this is a niche business requiring specialized skills and knowledge.
Explore the role of the property manager, common tenant issues, and federal laws.
Course highlights include:
- Property management contracts
- Property types and evaluating factors
- Tips for building a successful working relationship with property owners
- Landlord and tenant obligations
- Tips for screening and retaining tenants
- Informal rental agreements and the risks involved
- How to deal with delinquent tenants
- Fair housing guidelines and exemptions
Note: This is an introduction and overview of property management.
State Requirements For New Jersey
New Jersey State Requirement Details for Real Estate Broker, Broker-salesperson, and Salesperson Continuing Education
Renewal Date: June 30th of odd-numbered years. Continuing Education must be completed by April 30th of odd-numbered years.
Hours Required: 12 hours
- 6 hours in core topics
- 1 hour in Fair Housing & New Jersey Law Against Discrimination
- 2 hours in Ethics
- 1 hour in Agency
- the remaining hours in any core topic
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Agency
- Disclosure
- Legal issues
- Ethics
- Fair Housing
- Rules and regulations
- Real estate licensee safety
- Financial literacy and planning
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- 6 hours of elective courses - A mix, or all of the same, of any of the following four CE types: ELECTIVES or ETHICS or CORE or FAIR HOUSING
Note: Salespersons initially licensed in the FIRST year of the NJ real estate license term ARE REQUIRED to complete CE requirements in order to renew their license for the next term. Salespersons initially licensed in the SECOND year of the NJ real estate license term shall not be required to fulfill any continuing education to renew their license upon the conclusion of that license term.
New Jersey Real Estate Commission
Street Address: 20 West State Street, Trenton, New Jersey 08608
Mailing Address: PO Box 328, Trenton, New Jersey 08625-0328
Telephone: (609) 292-7272
Email: realestate@dobi.nj.gov