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How to become a licensed Property Manager in Montana. Property Manager License required. 60 hours (PM license) pre-licensing education. Total initial fees: $432. Verified 2026-03-21. Data verified 2026-03-21. Source: LicenseMap (getlicensemap.com).
Property Manager — PM
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Yes
License Required
Property Manager License
License Type
60 hours (PM license)
Pre-Licensing Hours
Yes
Exam Required
$432
Total Initial Fees
Every year
Renewal Period
Montana property management licensing requirements
VerifiedLicense Required
Yes
License Type
Property Manager License
Separate PM License
Yes
Montana offers a specific property management license pathway
Own Property Exempt
Exempt
Managing your own property typically does not require a license
On-Site Manager Exempt
Exempt
Most states require a real estate license to manage property for others (collecting rent, leasing, marketing). Managing your own property typically does not require a license. A few states (Oregon, Montana, DC, Nevada, South Carolina) offer specific property management license categories separate from or in addition to the standard real estate license.
Education, Exams & Professional Certifications
VerifiedPre-Licensing Education
60 hours (PM license)
Exam Required
Yes
Property Manager exam administered by PSI. Covers Montana landlord-tenant law and property management regulations.
Education Details
Complete 60 hours of property management pre-licensing education. Montana offers a specific Property Manager license through the Board of Realty Regulation.
Professional Certifications (Voluntary)
Most states that require a license for property management mandate completion of pre-licensing real estate education courses and passing a state exam. Professional certifications such as CPM (Certified Property Manager from IREM), ARM (Accredited Residential Manager), and CAM (Certified Apartment Manager from NAA) are voluntary but can significantly enhance career prospects.
| Fee | Amount |
|---|---|
Application Fee Application fee for property manager license in Montana | $150 |
Exam Fee Examination fee paid to testing provider (PSI, Pearson VUE, or state) | $82 |
License Fee Initial license issuance fee for Montana | $200 |
Renewal Fee License renewal fee — renews every year | $150 |
Total Initial Fees Includes application, exam, and license fees. Does not include education costs, background check fees, or E&O insurance. | $432 |
Renewal Requirements & Ongoing Obligations
VerifiedEvery year
Renewal Period
16 hours per year
Continuing Education
$150
Renewal Fee
Continuing Education Details
16 hours of continuing education annually for Property Manager license.
Regulatory Board
Most states require continuing education for license renewal. Topics typically include fair housing law, ethics, property management best practices, agency law, and state-specific regulatory updates. Failure to complete CE requirements may result in license suspension or lapse.
Step-by-step licensing process for Montana
Mostly verifiedComplete 60 hours (PM license) of pre-licensing education from a Montana-approved provider
Pass the Montana property manager licensing examination
Submit license application to Montana Board of Realty Regulation
Pass a background check (most states require fingerprinting)
Obtain errors and omissions (E&O) insurance if required by your state
Affiliate with a licensed broker (if obtaining salesperson license) or establish your own brokerage
Begin property management operations
Estimated Timeline
2-8 weeks after completing pre-licensing education and passing the exam
Montana is one of the few states with a specific Property Manager license through the Board of Realty Regulation, separate from the standard real estate license. This makes it easier to enter property management without a full RE license.
Property management of others' properties in Montana requires a Property Manager License.
Managing your own property does not require a license in most cases.
On-site managers employed directly by the property owner may be exempt from licensing requirements.
Montana offers a specific property management license pathway, which may have different requirements than a full real estate license.
Activities requiring a license typically include: collecting rent, leasing units, marketing properties, negotiating leases, and managing security deposits on behalf of property owners.
There is no interstate compact for property managers.
Explore requirements for other professional licenses in Montana.
How this state compares to 50 others for this profession
Salary
#38 of 51
Based on May 2024 Bureau of Labor Statistics OEWS data for Property, Real Estate, and Community Association Managers (SOC 11-9141)
Entry Level
N/A
25th percentile
Median
$50,780
-16% vs. national avg ($60,670)Experienced
N/A
75th percentile
Wage Distribution (Annual)
Source: BLS OEWS – Property, Real Estate, and Community Association Managers (May 2024)
National employment projections for 2022-2032
Projected Growth
+5%
High DemandNew Jobs
N/A
over 10 years
Annual Openings
N/A
per year (avg.)
N/A currently employed nationwide (2024)
Source: BLS Employment Projections 2022-2032 (September 2023)
Government fees and exam costs to obtain your initial license
Note: These are government licensing fees only. Education/training program costs (tuition, books, etc.) are not included as they vary widely by institution.
Estimated total: 8–16 weeks
Timeline estimated from licensing requirements on this page.
8–16 weeks
Estimated processing time
Study guides for real estate and property management licensing exams.
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Accessed 2025-01-15
Accessed 2025-01-15
Accessed 2025-01-15
Montana requires a Property Manager License for property management. 60 hours (PM license) of pre-licensing education required. Complete 60 hours of property management pre-licensing education. Montana offers a specific Property Manager license through the Board of Realty Regulation. Licensing is managed through the Montana Board of Realty Regulation.
Requirements vary by state. Always verify current requirements with your state licensing authority.