The Maryland Department of the Environment is the governing body for rental properties in Maryland. The board exists to regulate the rental industry and protect the public. The board is responsible for ensuring that tenants are protected and that landlords are held accountable. The board regulates the industry by issuing licenses to individuals who want to operate a Maryland rental business. Licenses are issued based on an individual’s qualifications and are valid for a certain period. To work in the rental property industry, you need a license. Luckily, obtaining a license is easy. Read on to get started.
What is the Maryland Rental Property Management Certificate (MRPMC)?
The Maryland Rental Management Certificate is a state-approved certificate designed to demonstrate their knowledge and competencies in the field for rental property management professionals. This certificate also provides an opportunity for property managers to obtain the necessary training to obtain a Maryland Rental Property Management License. The MRPMC can be completed in as little as six months and comprises a series of courses that teach about Maryland rental property laws, principles, and practices.
The Maryland Rental Property Management Certificate is a course that provides:
– A comprehensive overview of the rental property industry includes residential property management and rental agreements.
– Rental applications.
– Tenant credit checks.
– Commercial property management.
– Lease agreements and property management software.
This course teaches the fundamentals of property management so that you are prepared to take on your first rental property or manage your existing portfolio.
To earn the license, applicants must complete all four courses at the Annual Conference and the Commercial Symposium. They are:
– Building Your Property Management Business—1.5 hours of CE, DLLR Category F
– 1.5 hours of CE, DLLR Category F for Property Management 101: The Fundamentals
– 1.5 CE hours, DLLR Category F
– Fair Housing for Property Managers—1.5 hours of CE, DLLR Category C
Only applicants who successfully pass these courses are liable to get licensed. Apart from that, each applicant must follow the rules listed below to be qualified for the examination.
– The candidate must be over the age of 18.
– The candidate must have a good reputation and be decent.
– The candidate must pass the Maryland real estate licensing examination. Before becoming licensed, the candidate must finish a 60-hour previously approved real estate course.
After earning your MRPMC, you may wonder what to do next. If you do not have a job, then start looking for jobs in the field of your degree. There are many different ways to find a job in your field of study. Some people may need to start working at Maryland rental management companies to get their foot in the door. Another way to find a job in the field of your degree is to start networking with people in the field of your degree. With these, you are good to go!