If an individual has a real estate license, what is true regarding managing property for a salary?

Prepare for the Massachusetts Real Estate Salesperson licensing exam. Utilize a variety of study modes, including flashcards and multiple-choice questions with comprehensive explanations. Achieve exam success!

When an individual holds a real estate license in Massachusetts, they are permitted to manage properties for a salary without needing additional licensing. This is due to the fact that the real estate license inherently provides the legal and regulatory framework that allows licensees to engage in activities related to property management as part of their professional duties. Having a license means the individual has met the educational and examination requirements set by the state to engage in real estate transactions, including managing properties for compensation.

In contrast, other options imply restrictions that do not apply under Massachusetts law. Additional certification for property management is not a requirement for licensed real estate professionals, as their existing license covers various aspects of real estate practice. There is also no stipulation that prohibits licensed individuals from receiving a salary while managing properties; compensation is a standard part of professional services in this field. Lastly, while choosing a management style is part of the nature of the job, this aspect doesn’t pertain to the licensing requirements necessary for managing properties. Therefore, the ability to manage property for a salary with an existing license is clearly supported within the statutes governing real estate practice in Massachusetts.

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