Property managers, preparing leases, tenant notices and rental applications is so much easier when you use these downloadable Virginia Rental Property Management Forms for residential and commercial premises.
Property managers who lease, rent or list properties in Virginia must obtain a real estate broker's license from the Real Estate Board. However, salaried employees of property owners do not require a license if their management activities are limited to showing units to prospective tenants, accepting rental applications, and collecting rents and deposits.
Virginia also requires community association management companies to be licensed.
VA property managers, prepare a contract for your services with this Virginia 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.