Property Management Laws by State

Property Management Laws in New York

Must New York property management companies have a real estate broker's license?

YES. Key components of property management (renting and collecting rent) are considered real estate activities under existing New York real estate licensing laws. If a property manager is going to rent, list, negotiate the rental of property, collect rents, or place tenants on behalf of a landlord client, he or she will need a broker's license. A salesperson working under a broker may engage in such activities.

If services are strictly maintenance, a broker's license is not required.

Are there any exceptions to the requirement that a New York property manager have a real estate broker's license?

There are very limited exceptions to the requirement that New York property managers have a real estate broker's license.

For more information about these and other New York property management requirements and exceptions, please the

Before hiring a property manager to manage your New York rental property, you should always check that he or she is licensed appropriately. You can check the license status of New York property managers at the

More Property Law: Evictions & Security Deposits

Looking for more property law information? You can find an exhaustive collection of state eviction and security deposit laws on our parent company's website. Click the below link to be taken to Buildium's legal database.

New York Community Association Management Licensing

There is no requirement that a community association manager in New York hold a real estate broker's license.

New York Real Estate Broker Licensing Requirements

New York real estate broker licensing requirements include:

  • Age: must be at least 20 years old
  • Citizenship: must be a US citizen or lawful permanent resident
  • Experience: must have at least one year of experience as a licensed real estate salesperson, or two years experience in the general real estate field (for example, buying and selling your own property, or managing your employer's property)
  • Education: must have satisfactorily completed both the qualifying salesperson course of 75 hours and an additional 45 hour real estate broker course
  • Exam: must pass qualifying examination

New York Real Estate Salesperson Licensing Requirements

New York real estate salesperson licensing requirements include:

  • Age: must be at least 18 years old
  • Citizenship: must be a US citizen or lawful permanent resident
  • Education: must satisfactorily complete both the qualifying salesperson course of 75 hours
  • Exam: must pass qualifying examination.

For more information about these and other licensing requirements, please the New York Division of Licensing Services. Specific information about broker licensing and salesperson licensing are available online.

Find Property Managers Near You
We work tirelessly to find the best property managers so you don’t have to. Please see our recommended property management companies below for your area or filter by property and zip for a perfect match.
Select Property Type
  • HOME / CONDO
    • Single Home or Condo (Valued up to $300K)
    • Single Home or Condo ($300K to $500K)
    • Single Home or Condo ($500K to $1 Million)
    • Single Home or Condo (Over $1 Million)
  • APARTMENT
    • Multi-Family (2-4 units)
    • Multi-Family (5-19 units)
    • Multi-Family (20-99 units)
    • Multi-Family (100+ units)
  • HOA
    • Homeowners Association (2-49 units)
    • Homeowners Association (50-99 units)
    • Homeowners Association (100+ units)
  • COA
    • Condominium Association (2-49 units)
    • Condominium Association (50-99 units)
    • Condominium Association (100+ units)
  • COMMERCIAL
    • Retail (Up to 9,999 sqft)
    • Retail (10,000 - 100,000 sqft)
    • Retail (100,000+ sqft)
    • Office (Up to 9,999 sqft)
    • Office (10,000 - 100,000 sqft)
    • Office (100,000+ sqft)
    • Warehouse/Distribution (Up to 100,000 sqft)
    • Warehouse/Distribution (100,000+ sqft)
    • Light Manufacturing (Up to 100,000 sqft)
    • Light Manufacturing (100,000+ sqft)
    • Parking Garage
    • Biotech/Mission-Critical
  • SHORT-TERM
    • Vacation (1-2 units)
    • Vacation (3+ units)
  • OTHER
    • Other Associations (Hotel, Resort etc.)
    • Mobile Home Community
Find Property Managers Near You
Select Property Type
  • HOME / CONDO
    • Single Home or Condo (Valued up to $300K)
    • Single Home or Condo ($300K to $500K)
    • Single Home or Condo ($500K to $1 Million)
    • Single Home or Condo (Over $1 Million)
  • APARTMENT
    • Multi-Family (2-4 units)
    • Multi-Family (5-19 units)
    • Multi-Family (20-99 units)
    • Multi-Family (100+ units)
  • HOA
    • Homeowners Association (2-49 units)
    • Homeowners Association (50-99 units)
    • Homeowners Association (100+ units)
  • COA
    • Condominium Association (2-49 units)
    • Condominium Association (50-99 units)
    • Condominium Association (100+ units)
  • COMMERCIAL
    • Retail (Up to 9,999 sqft)
    • Retail (10,000 - 100,000 sqft)
    • Retail (100,000+ sqft)
    • Office (Up to 9,999 sqft)
    • Office (10,000 - 100,000 sqft)
    • Office (100,000+ sqft)
    • Warehouse/Distribution (Up to 100,000 sqft)
    • Warehouse/Distribution (100,000+ sqft)
    • Light Manufacturing (Up to 100,000 sqft)
    • Light Manufacturing (100,000+ sqft)
    • Parking Garage
    • Biotech/Mission-Critical
  • SHORT-TERM
    • Vacation (1-2 units)
    • Vacation (3+ units)
  • OTHER
    • Other Associations (Hotel, Resort etc.)
    • Mobile Home Community