Residential Property Management Essentials (4)

$45
This product includes:
LICENSE RENEWAL PERIOD: 2 YEARS Elective Hours: 4 Mandatory Hours: 0 Total Hours: 4
Description
Renewal Requirements

For many real estate professionals, property management is a natural extension of their expertise. Whether you’re thinking about taking on your first property or looking to grow your property management business, this is a niche business requiring specialized skills and knowledge.

Explore the role of the property manager, common tenant issues, and federal laws.

Course highlights include:

  • Property management contracts
  • Property types and evaluating factors
  • Tips for building a successful working relationship with property owners
  • Landlord and tenant obligations
  • Tips for screening and retaining tenants
  • Informal rental agreements and the risks involved
  • How to deal with delinquent tenants
  • Fair housing guidelines and exemptions

Package Content:

State Requirements For Virginia

Virginia State Requirement Details for Real Estate Salesperson Continuing Education

Renewal Date: License expires every two years on the last day of the initial license month. Renew no earlier than 60 days prior to license expiration.

Hours Required by the State if License Expires Before June 30, 2026: 16 hours

  • 8 hours of mandatory course topics
    • 3 hours in Ethics & Standards of Conduct
    • 2 hours in Fair Housing
    • 1 hours in Legal Updates and Emerging Trends
    • 1 hours in Real Estate Agency
    • 1 hours in Real Estate Contracts
  • 8 hours of elective course topics or mandatory course topics

Hours Required by the State if License Expires On or After June 30, 2026: 16 hours

  • 11 hours of mandatory course topics
    • 3 hours in Ethics & Standards of Conduct
    • 2 hours in Fair Housing
    • 2 hours in Legal Updates and Emerging Trends
    • 2 hours in Real Estate Agency
    • 2 hours in Real Estate Contracts
  • 5 hours of elective course topics or mandatory course topics

Note: These Continuing Education requirements also apply to inactive experienced salespersons who apply to activate their licenses. No Continuing Education is required of new salespersons in their first two-year license term. However, some new salesperson licensees—upon completion of their 30-hour Post-License Education requirement—may choose to begin taking Continuing Education courses in the six months just prior to renewing their license for the first time. If a new salesperson completes Continuing Education courses in those last six months of the first licensure period, those hours may carry over to the 16-hours required of them during their second two-year licensure term pursuant to 18 VAC 135-20-101.

Virginia Department of Professional and Occupational Regulation Real Estate Board

Street Address: 9960 Mayland Drive, Suite 400, Richmond, Virginia 23233-1485

Mailing Address: 9960 Mayland Drive, Suite 400, Richmond, Virginia 23233-1485

Telephone: (804) 367-8526 

Email: reboard@dpor.virginia.gov

Virginia Real Estate Board

Real Estate Salesperson Forms