Are You a Property Manager?

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Course Description: Are You a Property Manager?

Overview

“Are You a Property Manager?” is a comprehensive 3-hour course approved for Commissioner Standards continuing education. It is meticulously designed for real estate professionals who seek to deepen their understanding of property management versus traditional real estate sales roles. This course is essential for anyone looking to avoid the pitfalls of inadvertently undertaking property management responsibilities without the necessary knowledge or legal framework.

Course Objectives

Upon completion, participants will:

Understand the fundamental differences between a property management company and a real estate agent.
Be familiar with key terms, definitions, and relevant Arizona Revised Statutes (ARS), including ARS 32-2173 and Chapter 20 of Title 32.
Recognize the roles and responsibilities of a property manager, including legal obligations under the Commissioner’s Rule R4-28-1101.A and ARS 33-1324.
Comprehend the role of a listing agent in property management and the legal and ethical considerations involved.
Navigate through potential legal questions and scenarios through the Legal Hotline Q & A sections.
Develop a foundational understanding of property management agreements, landlord-tenant statutes, lease agreements, and obligations of both residential landlords and tenants.
Address additional concerns related to property management agreements, eviction processes, personal property handling, policy manual considerations, and compliance with Fair Housing and other legal requirements.

Course Structure

The course is divided into 27 sections, each focusing on a critical aspect of property management. Key components include:

General Definitions: Introduction to key terms and a review through true/false questions.
Detailed Examination of a Property Manager’s Definition and Legal Background: Insight into ARS 32-2173 and specific chapters of the Arizona Revised Statutes.
In-depth Roles of the Property Manager: Covering problem-solving, legal agreements, and statutory obligations.
to 26. Specialized Topics: Including the role of the listing agent, eviction processes, handling personal property post-tenancy, policy manual creation, and addressing criminal history in tenant screening.
Comprehensive Reviews and Exams: Each section concludes with a review (true/false questions) and there are four sectional exams to ensure understanding and retention.

Interactive Learning

Scenarios & Q&A: Real-world scenarios and question-answer sessions to apply knowledge.
Section Reviews: True/false questions to reinforce learning and test comprehension.
Exams: Multiple exams to assess knowledge across different modules.

Who Should Attend

This course is ideal for real estate professionals, both newcomers and experienced agents, who wish to expand their services to include property management or who wish to better understand the legal distinctions between property management and real estate transactions to better serve their clients and protect their professional practice.

Additional Features

Interactive discussions on “Management Right for You” with a focus on self-evaluation, legal understanding, planning, policy development, and client service.
Special focus on legal compliance, including Fair Housing, landlord-tenant obligations, eviction processes, and handling of personal property.

Conclusion

“Are You a Property Manager?” is more than just a course; it’s a crucial toolkit for real estate professionals navigating the complex landscape of property management. It equips participants with the knowledge, strategies, and legal insights necessary to confidently manage or transition into property management roles, ensuring compliance, ethical practice, and professional excellence.