RE license legally required to be PM in MN?

[Andrew Kniffin]

Hi BP nation! Does anyone know whether the law in Minnesota requires that all Property Managers need to have their Real Estate Agent's license in order to be a PM? I heard this today, but have never heard it before. It surprised me since I've been in real estate in Minnesota for many years. Thanks, Drew Keywords: Minnesota, Saint Paul, PM, Washington County

[Andrew Vogt]

From what I know, if you are managing other property besides your own you must have a RE license and operate under a broker in MN as you are dealing with legal contracts.

Don't need one if you are managing your own.