Montana Real Estate Property Manager Renewal Course (Multiple)

Price

Free
Course Types:
Professions:
States:
Share This Course:
  •  
  •  
  •  
  •  
  •  

Newly Licensed Property Managers – 1st Renewal

According to the Board, you are considered a “newly licensed property manager” until your second renewal cycle has been completed. During this time, the renewal requirements for your 1st and 2nd renewal will vary. The information below pertains to individuals licensed on or after July 22, 2017. Please read carefully.

Newly Licensed Property Managers are required to complete 4hrs in Trust Accounts before the first renewal.

24.210.829 NEW LICENSEE MANDATORY CONTINUING EDUCATION — PROPERTY MANAGER. All new property management licensees are required to complete 12 hours of property management continuing education by the second renewal date, following their original license issue date. Four of the hours must consist of courses in property management trust accounts and must be taken before the first renewal date following original issuance of the license. New Licensee Property Managers are required to complete the remaining 8hrs of property management continuing education before the second renewal date.

In the event there is no trust account course offered by the end of the licensing year, a new licensee must complete the course when the class is next offered, unless the time for taking the course is extended for good cause at the board’s discretion.

Newly Licensed Property Managers – 2nd Renewal

According to the Board, you are considered a “newly licensed property manager” until your second renewal cycle has been completed. During this time, the renewal requirements for your 1st and 2nd renewal will vary. The information immediately below pertains to individuals licensed on or after July 22, 2017. Please read carefully.

Newly Licensed Property Managers are required to complete the remaining 8hrs of property management continuing education before the second renewal date.

24.210.829 NEW LICENSEE MANDATORY CONTINUING EDUCATION — PROPERTY MANAGER. All new property management licensees are required to complete 12 hours of property management continuing education by the second renewal date, following their original license issue date. Four of the hours must consist of courses in property management trust accounts and must be taken before the first renewal date following original issuance of the license. New Licensee Property Managers are required to complete the remaining 8hrs of property management continuing education before the second renewal date. Exception: Any individual who was initially licensed between September 2, 2015, and July 21, 2017 is grandfathered and must complete only 2 hours of property management trust accounting by their second renewal date. These licensees must also take an additional 10 hours of CE by the second renewal date (12 total). 

In the event there is no trust account course offered by the end of the licensing year, a new licensee must complete the course when the class is next offered, unless the time for taking the course is extended for good cause at the board’s discretion.

Property Manager (3rd renewal and beyond)

After satisfactorily completing NEW LICENSE CE (by second renewal), property manager licensees may satisfy continuing education courses approved by the board, whether designated as property management education or not.

** MANDATORY PROPERTY MANAGER TRUST ACCOUNT COURSE **
The Board of Realty Regulation has adopted a new Administrative Rule requiring all active property manager licensees, who were licensed prior to September 2, 2015, to complete a 4-hour property management trust account course prior to July 22, 2018. Failure to do so will result in an administrative suspension of your license. This 4-hour course can be included in the required 12 hours of continuing education credits. Any individual who was initially licensed between September 2, 2015, and July 21, 2017 is grandfathered and must complete only 2 hours of property management trust accounting by their second renewal date. Licensees must also take an additional 10 hours of CE by the second renewal date (12 total).

“Did You Find What You Need?” For Additional Renewal Information:

Disclaimer: Course requirements and pricing are subject to change. Students are advised to verify all necessary licensing and education requirements with the appropriate state department or licensing agency prior to purchase. All courses offered on this site are processed and administered through third-party companies. Cameron.Academy does not process payments nor issue refunds. Responsibilities of the user-selected third-party company (or companies) include publishing and updating content, payment processing and refunds, administering and/or hosting courses, monitoring, grading, reporting, issuing certification (paper and/or digital), and providing various products. All customer and/or technical support will be provided through the user-selected third-party. Therefore, Cameron.Academy does not assume any responsibility nor liability for issues that may arise as a result of purchasing these third-party courses and/or products.