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Updated about 7 years ago,
Oregon commercial property mgmt law
I recently learned that I can't legally charge a management fee in state of Oregon for "managing" a small residential property. Does anyone know if the same law applies for managing a commercial property? I have a mix of residential, commercial and vacation properties and my management company, which deals with taxes, accounting and generally anything that comes up charges a monthly fee per property. For the portfolio I have, I don't want to do the 60 hours of training the state wants to be an official "property manager" and I'm not sure it's even necessary. My management company is a C corp and I manage non real estate holding companies as well.