A broker affiliated with a certain company wants to engage in property management. What must they ensure regarding their activities?

To engage in property management, a broker affiliated with a company must ensure they remain compliant with local regulations. This is crucial because property management is heavily regulated at the state and local levels, including licensing requirements, fair housing laws, and health and safety codes. By adhering to these regulations, the broker not only protects their license but also ensures the rights of tenants and property owners are respected.

Compliance with local laws helps avoid potential legal issues and penalties that could arise from non-compliance. Furthermore, understanding and following these regulations builds trust with clients and tenants, as it demonstrates a commitment to professional and ethical practices in property management.