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Report: #1159033

Complaint Review: JAI Property Management - Georgia

  • Submitted:
  • Updated:
  • Reported By: Ripped Off Too — Lithonia Georgia
  • Author Not Confirmed What's this?
  • Why?
  • JAI Property Management Georgia USA

JAI Property Management NessUSA.com Not Licensed in theState of Georgia Atlanta, Georgia

*Author of original report: Do Not Rent From JAI PM

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Must a Georgia property management company have a real estate broker's license?

YES. Key components of property management (renting and leasing) are considered real estate activities under existing Georgia real estate licensing laws. According to Georgia rules, "property management services" mean:

The provision, for valuable consideration, to another of marketing, including referring prospective tenants; leasing; physical, administrative, or financial maintenance; and overall management of real property; or supervision of the foregoing activities for another pursuant to a property management agreement.

A real estate license is required to perform these services. A salesperson working under a broker may engage in such activities. Also, unlicensed employees of brokers may engage in limited activities, such as receiving lease applications, showing rental units, and menial tasks, as long as certain conditions are met.

Are there any exceptions to the requirement that a Georgia property manager have a broker's license?

YES. An exception is available to unlicensed full-time employees of property owners (who are also unlicensed) to perform real estate brokerage activity on property owned by the unlicensed employer.

For more information about these and other Georgia property management requirements and exceptions, please contact the Georgia Real Estate Commission.

Before hiring a property manager to manage your Georgia rental property, you should always check that he or she is licensed appropriately. You can check the license status of Georgia property managers at the Georgia Real Estate Commission's consumer information webpage.

Georgia Real Estate Broker Licensing Requirements

Georgia real estate broker licensing requirements include:

  • Age: Must be at least 21 years old
  • Residency: Must be a resident of the State of Georgia, unless meeting an exception
  • High School: Must be a high school graduate or equivalent
  • Experience: Must have served actively for three years as a licensee (however, you can take the broker's exam after two years).
  • Trustworthiness: provide copy of criminal historyEducation: Successfully complete 60 classroom hours in a broker's course approved by the commission. However, if licensed as a community association manager, the applicant must take an additional 75 classroom hours in courses or a course of study approved by the commission;
  • Exam: Pass real estate broker examination after serving at least two years of active licensure. Exam fee is $91.00
  • Fees: Broker License fee is $170.00 (covers first four years of licensure).

    Georgia Real Estate Salesperson Licensing Requirements

    Georgia real estate salesperson licensing requirements include:

  • Age: Must be at least 18 years old. However, applicants may take the examination at age 17 (license cannot be activated until 18 years old).
  • High School: Must be a high school graduate or equivalent.
  • Education: Must successfully complete 75-hour Salesperson Prelicense Course (or equivalent). In addition, salespersons must take a 25-hour postlicense course during their first year of being licensed.
  • Experience: There is no experience requirement.
  • Exam: Must pass the Salesperson's exam. The exam fee is $97. Must apply for the salespersons license within 12 months of taking the exam.
  • Fees: If applying for the salesperson's license within three months of taking the exam, the fee is $170. If applying between 3-12 months of taking the exam, the fee is $340.

    For more information on these and other license requirements, please visit the Georgia Real Estate Commission's licensing webpage.

  • IMPORTANT: This information is intended for informational purposes only and under no circumstances should it be considered legal advice or relied upon without first confirming its contents with your state real estate commission. Laws are updated frequently, and this information may not reflect the current law in your state. To confirm the specific requirements for each state, please contact your state real estate commission.

    Property Management Requirements Main Page

This report was posted on Ripoff Report on 07/02/2014 09:02 AM and is a permanent record located here: https://www.ripoffreport.com/reports/jai-property-management/georgia/jai-property-management-nessusacom-not-licensed-in-thestate-of-georgia-atlanta-georgia-1159033. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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REBUTTALS & REPLIES:
1Author
0Consumer
0Employee/Owner

#1 Author of original report

Do Not Rent From JAI PM

AUTHOR: Beware Jai Property Management - ()

POSTED: Monday, August 04, 2014

First lets start off by asking, what company would name a customer and/or client the way this company did the first young lady who complained... that in and off itself is tacky and unprofessional to name someone on-line that isn't a business. If I were you Ms. Madden, I would consider legal action and RIPOFF, why did you allow them to do so??

 

I have been assisting residents in locating housing for years and this company JAI has always been referred to as unethical and unprofessional. Just look at the complaints here in the RipOff Report. My advice, as a professional property management consultant, stay away from Jai Property Management. STAY AWAY!

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