Management of residential multiunit rental locations.

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(A) The management of each residential multiunit rental location must be provided by an on-site licensee or an off-site licensee if there is no on-site staff.

(B) The commission may permit multiple multiunit rental property locations to be managed by one licensee.

(C) An unlicensed employee of the owner of a multiunit rental property or an unlicensed individual who works under the supervision of a licensee is permitted to perform only the following duties:

(1) maintenance;

(2) clerical or administrative support;

(3) collection of rents that are made payable to the owner or real estate company;

(4) showing rental units to prospective tenants;

(5) furnishing published information;

(6) providing applications and lease forms; and

(7) receiving applications and leases for submission to the owner or the licensee for approval.

HISTORY: 2016 Act No. 170 (S.1013), Section 1, eff January 1, 2017.


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