Principles of Property Management - Manager Course
The Principles of Property Management course recognizes the unique requirements of property managers, tenants, and landlords in an increasingly sophisticated marketplace.
Principles of Property Management – Manager Course
This course is a mandatory course for those wanting to manage a property management brokerage within Manitoba. Individuals who complete this course and satisfy the other registration requirements outlined in The Real Estate Services Act will be eligible for registration as a property management manager or supervisor under the Act. The course provides the means for registration for a license that is restricted to property management only and does not qualify students to undertake any other trade in real estate.
This course recognizes the unique requirements of property managers, tenants and landlords in an increasingly sophisticated marketplace. The course focuses solely on property management skills and knowledge. Discussions, examples and exercises cover a broad range of areas, including residential, office, retail and industrial.
Individuals considering taking this course need to be aware that The Real Estate Services Act, which is administered by the Manitoba Financial Services Agency (MFSA), requires that persons applying to register as a property management manager or supervisor have obtained 24 months of experience as a registered property management representative in the 36 months before applying for registration. The MREA cannot assess or verify if a student’s past experience/current placement satisfies the MFSA’s 24-month experience requirement. Approval of licensing applications is at the sole discretion of the MFSA. Completion of this course is not a guarantee that students will be granted a license as a property management manager or supervisor. Should students have questions regarding registration requirements, they are to contact the MFSA at realestate@gov.mb.ca.
Timeline and Licensing Deadline
The Principles of Property Management - Manager course, including any corresponding exams, must be completed within six (6) months of the enrollment date.
Students must apply for their licence with the MFSA within 36 months of completing the Principles of Property Management – Manager course and have obtained 24 months of experience as a registered property management representative in the 36 months before applying for registration.
