PROPERTY MANAGEMENT LICENSE REQUIREMENTS
Read this information and refer to the Real Estate License Law prior to calling our office for further information. All real estate applications, forms and laws are available on the SC Real Estate Commission website http://www.llr.sc.gov/re/
Age
Individuals must be 18 to be licensed as a property manager and 21 to be licensed as a property manager-in-charge.
Education
A prospective licensee must be a high school graduate or hold a certificate of equivalency and must complete a Commission-approved thirty-hour Property Management course in the fundamentals and principles of property management. A law degree or baccalaureate degree with a major or masters degree in real estate will qualify an applicant for the property management examination. Upon passing the property management examination, applicants must apply for a property manager or property manager-in-charge license within one year.
Experience
No licensed experience is required to qualify for the property management examination.
Examination
Examinations are scheduled Monday through Friday and when warranted on Saturdays in Beaufort, Charleston, Columbia, Greenville, Myrtle Beach, S.C. and Charlotte, NC. PSI Examination Services is the testing provider for the Commission and they publish a Candidate Information Bulletin for approved candidates for the property management examination. Candidates receive a link to this bulletin when they receive the examination eligibility letter from the Commission. Retesting may be scheduled with PSI if the candidate fails the exam.
Miscellaneous
Any applicant who has been convicted of a crime or sanctioned by any licensing agency or has adverse items on a credit report must reveal that fact on their application. The Commission may review the application and then conduct an investigation before an examination can be scheduled. This may result in a delay.
Fees
Each applicant must pay the following fees:
1. Examination Fee - $63 to PSI the examination vendor
2. Property Manager - Application fee of $25. Within one year after passing
the examination, applicants will pay a two-year license fee of $125 for the property manager license.
3. Property Manager-in-Charge - Application fee of $25. Within one year after
passing the examination, applicants will pay a two-year license fee of $250 for the property manager-in-charge
license and complete an additional seven hour Commission-approved PMIC qualifying course.
