Section 230-RICR-30-20-2.12 - Property Management CompaniesA. Any person who performs any of the acts within the meaning of "real estate broker" pursuant to R.I. Gen. Laws § 5-20.5-1(5) in the regular course of, or as an incident to, the management of another person's real property are required to be licensed as a real estate broker pursuant to R.I. Gen. Laws Chapter 5-20.5.B. This section does not apply to a bona fide owner, lessor, or lessee of the real property being managed, or the regular employees thereof.230 R.I. Code R. 230-RICR-30-20-2.12
Amended effective 11/27/2019
Amended effective 5/1/2021
Amended effective 2/21/2022