Buy and download easy-to-use template leasing and property management forms for the State of Texas.
Under Texas law, a property manager requires a license if he or she will be listing properties, negotiating leases, or collecting and depositing rents, but a license is not required for doing credit or background checks on prospective tenants, or managing property maintenance. Salaried employees of property owners do not need a license to manage properties on behalf of their employers.
To qualify for a real estate license, applicants must be 18 or older, a U.S. citizen or legal alien, and a resident of Texas. They must have at least 4 years experience as a real estate salesperson or broker and must complete 270 classroom hours of related courses.
TX property managers, prepare a contract for your services with this Texas Rental Property Management Agreement.
The property manager is retained on an exclusive basis to rent, lease and manage the rental property.
The manager will be paid a percentage of the monthly rental amount for managing the property. If the manager undertakes additional work outside the scope of its duties, additional fees will be payable.