When you acquire management rights to a building or complex, you must apply for a Resident Letting Agent licence that allows you to manage and let lots within the scheme and collect the rent.
- The REIQ and TAFE colleges offer accredited courses
- If you can’t attend classes, you can take an accredited course by distance learning
Acquiring a letting licence for management rights
You’ll need a licence to manage and let residential lots within the scheme (building or complex) that you manage. The Queensland licence is called a Resident Letting Agent licence. When you acquire management rights, you must apply for a licence that allows you to manage lots within your scheme and collect the rent. In Queensland, the REIQ and TAFE colleges offer accredited courses for this qualification. If you can’t attend classes, you can take an accredited course by distance learning (correspondence).
Please note: You must also have an agreement with your body corporate to operate a letting business, before you can get the relevant licence.