Colorado Dream Properties Inc.
303-841-0800
(866) 532-8524
EST. 2001
Bedrooms
Baths
Min Price
Max Price

Colorado Law

 

PROPERTY MANAGEMENT AND COLORADO LAW
 
If a company is managing other peoples property and is soliciting tenants, executing leases, collecting rents and security deposits, supervising repairs and improvements, and collecting a fee for such services, that person or company is performing property management and must be a licensed Realtor in the State of Colorado. If they have more than one broker performing work they must have a Managing Broker to be sure they are complying to all state and local regulations. This does not apply to Resort or Short-term rental properties.
 
To search for a Licensee or their Company go to: http://eservices.psiexams.com/crec/search.jsp
 
If they aren't licensed... beware. They are not operating legally!!
 
If they are not a Real Estate Broker or Brokerage the Real Estate Commission won't be able to accept a complaint against them.
 
If they disregard the basic requirements for being licensed in Colorado they probably won't follow the law when it applies to their tenants issues.
 
Additionally, if the property manager is employed by another broker their business is required to be conducted only in the licensed name of the employing broker. In other words... If their license is with Colorado Dream Properties for real estate they must use forms and contracts that have Colorado Dream Properties on them and all documents must be reviewed by their managing broker.
 
WE ARE ONE OF THE FEW MAJOR COLORADO REAL ESTATE COMPANIES THAT ALLOWS OUR REALTORS TO BE PROPERTY MANAGERS.  What does that mean?  It means you will get a more talented and knowledgeable Property Manager from us than some Lone Wolf Independent agent out there with no supervision or direction. 
 
 
Additionally, if the property manager is employed by another broker their business is required to be conducted only in the licensed name of the employing broker. In other words... If their license is with Century 21 for real estate they must use forms and contracts that have Century 21 on them and all documents must be reviewed by their managing broker.PROPERTY MANAGEMENT AND THE LAW
 
If a company is managing other peoples property and is soliciting tenants, executing leases, collecting rents and security deposits, supervising repairs and improvements, and collecting a fee for such services, that person or company is performing property management and must be licensed as a Real Estate Brokerage in the State of Colorado. If they have more than one broker performing work they must have a Managing Broker to be sure they are complying to all state and local regulations. This does not apply to Resort or Short-term rental properties.
 
To search for a Licensee or their Company go to: http://eservices.psiexams.com/crec/search.jsp
 
If they aren't licensed... beware. They are not operating legally.
 
If they are not a Real Estate Broker or Brokerage the Real Estate Commission won't be able to accept a complaint against them.
 
If they disregard the basic requirements for being licensed in Colorado they probably won't follow the law when it applies to their tenants issues.
 
Additionally, if the property manager is employed by another broker their business is required to be conducted only in the licensed name of the employing broker. In other words... If their license is with Century 21 for real estate they must use forms and contracts that have Century 21 on them and all documents must be reviewed by their managing broker.

This site includes valuable information on Parker Colorado real estate and homes for sale, Parker CO homes, Elizabeth CO homes, and Castle Rock CO homes. Our Realtors can help you buy or sell Parker CO real estate and Castle Rock CO real estate. People who search MLS home listings, whether relocating or buying a first home in Parker CO, Castle Rock CO, and Elizabeth CO, will find useful information on real estate, home for sale, luxury homes, and horse property and golf course homes, with additional information on schools and regional highlights. 

Real Estate Websites by iHOUSEweb iconiHOUSEweb | Admin Menu