La. Admin. Code tit. 46 § LXVII-2601

Current through Register Vol. 50, No. 11, November 20, 2024
Section LXVII-2601 - Definitions

Property Management-the marketing, leasing, or overall management of real property for others for a fee, commission, compensation, or other valuable consideration.

Property Manager-one who, for a fee, commission, or other valuable consideration, manages real estate, including the collection of rents, supervision of property maintenance, and accounting for fees received for another.

Residential Real Property-real property consisting of one or not more than four residential dwelling units, which are buildings or structures each of which are occupied or intended for occupancy as single-family residences.

La. Admin. Code tit. 46, § LXVII-2601

Promulgated by the Office of the Governor, Real Estate Commission, LR 45421 (3/1/2019).
AUTHORITY NOTE: Promulgated in accordance with R.S. 37:1431 et seq.