Property managers involved in the activity of property management must be licensed by RERA before the expiry of the transition period which ends on 4th January 2019.
(Article 46 of Law (27) 2017 and Property Manager’s Licensing Resolution)
The law permits the property manager license to be extended to include association management functions for suitably qualified and experienced applicants.
Refer to the Licence Application Guide for Owners Association Manager for full information on the specific requirements for this license category.
The Property Manager Resolution permits the issuance of full and transitional Property Manager licenses depending on qualifications, competencies and experience.
Where RERA considers the application to have sufficient experience, competency and qualification to fulfill the duties of a professional property manager, RERA will issue a Property Manager License card and certificate to the applicant. The following variations exist:
A full license to applicants with more than 3 years experience (subject to the completion of the RERA CPD mandatory training).
A transitional license to for applicants with 6 months to 3 years experience. This license will expire in 6 months. Within these 6 months the applicant must complete the appropriate RERA CPD mandatory training.
A full license annotated with the additional function of association management where the applicant has proven experience as an association manager and who completes the RERA CPD requirements.
You can apply either a an individual or as a company.
In case of less than 6 months of experience
Applicants must complete the RERA CPD Foundation in Property Management Course and provide references of 6 months experience in a property management related role before being eligible to apply for a Transition license.