Property Management Essentials (WA, 3 hrs)

Learn about the roles of the property manager, fair housing laws, fiduciary duty, and rental forms.

$29.00

The course covers the role of the property manager, fair housing laws, fiduciary duty, and rental forms.

Learning Objectives:

  • Define and Understand the Role of the Property Manager
  • Create & Apply a PM Log to comply with Fair Housing Laws
  • Understand Property Manager's Fiduciary Duty
  • Become Familiar with Standard Rental Forms
  • Synthesize the essence of case studies with professional practice
  • Create a Property Management Job Description and Department
  • Identify Risks and Develop a Strategy to Reduce those Risks
     

Topics covered include:

  • Residential Landlord Tenant Code
  • Terminology and Definitions
  • Personnel
  • Job Descriptions, Duties
  • Rental Agreements
  • Security Deposits
  • Repairs
  • Prohibited Practices
  • Termination of Tenancy
  • Landlord Obligations
  • Tenant Obligations
  • Landlord Remedies
  • Civil Remedies for Landlord Tenant Code
  • Debt Collection
  • Timelines for Landlord Tenant Code Obligations
  • Mandatory Disclosures for Property Management
  • Federal Fair Housing Discrimination
  • Discrimination in Real Property Transactions
  • State Civil Rights Commission
  • Department of Housing and Urban Development
  • Case Studies

In Washington, licenses expire every 2 years. Licensees can renew 120 days before their license expires. Continuing education courses are not reported to the State unless requested by the State.  In the case of an audit, schools do not send information to the State. Rather, the State requires licensees to submit copies of their course completion certificates to the State directly.

On their website the Washington Department of Licensing  (DOL) provides information for obtaining, renewing, updating and managing your license through the following links:

CE renewal requirements and license updates:
For Brokers: https://www.dol.wa.gov/business/realestate/brokers.html
For Managing Brokers: https://www.dol.wa.gov/business/realestate/mngbrokers.html


This information is subject to change based on the State's rules / laws updates and website link changes. Check for updates.

rev 061620

Filter Options Renewal
Hours 3