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Property Manager — PM
Total cost: $432
Some details on this page are not yet confirmed against an official source. See sources below or contact the licensing board to verify.
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
Yes — Montana requires a Property Manager License to manage property for others. The state also offers a separate property management license.
Montana requires a Property Manager License to manage property for others. Research the specific requirements through the Montana Board of Realty Regulation.
Complete 60 hours (PM license) of required pre-licensing education. Complete 60 hours of property management pre-licensing education. Montana offers a specific Property Manager license through the Board of Realty Regulation.
Property Manager exam administered by PSI. Covers Montana landlord-tenant law and property management regulations.
Submit your application to the Montana Board of Realty Regulation. Total initial fees: $432.
Boost your credentials with national certifications such as CPM (Certified Property Manager) — IREM, CAM (Certified Apartment Manager) — NAA, ARM (Accredited Residential Manager) — IREM, RMP (Residential Management Professional) — NARPM, MPM (Master Property Manager) — NARPM. These demonstrate expertise and can increase earning potential.
Renew your license every year. Complete 16 hours per year of continuing education.
Application Fee
$150
Application fee for property manager license in Montana
Exam Fee
$82
Examination fee paid to testing provider (PSI, Pearson VUE, or state)
License Fee
$200
Initial license issuance fee for Montana
Renewal Fee
$150
License renewal fee — renews every year
Includes application, exam, and license fees. Does not include education costs, background check fees, or E&O insurance.
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.
Browse Property Manager study materials on Amazon →(affiliate link)
| 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 |
Use our licensing cost calculator to estimate your total investment including education and exam fees.
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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.
Property Manager requirements in nearby states
| State | Total Cost | Timeline | |
|---|---|---|---|
| Montana (you) | $662–$1,307 | 8–16 wks | |
| Idaho | $555–$1,200 | 8–16 wks | → |
| North Dakota | $530–$1,175 | 8–16 wks | → |
| South Dakota | $580–$1,225 | 8–16 wks | → |
| Wyoming | $605–$1,250 | 8–16 wks | → |
See how Montana compares: Property Manager License Fees by State — Cheapest to Most Expensive →
Compare property manager requirements across all states →
Property Manager licensing requirements nationwide →
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How does Montana compare to other states for property manager? See the full comparison →
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Explore requirements for other professional licenses in Montana.
Property Manager Schools in Montana
Compare approved training programs, costs, and requirements.
Study guides for real estate and property management licensing exams.
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Property Manager requirements in Montana verified against Montana Board of Realty Regulation, March 2026.
Accessed 2025-01-15
Accessed 2025-01-15
Accessed 2025-01-15
Moving to Montana? Use our free Transfer Tool to see what you need →
Already licensed elsewhere? See how to transfer your Property Manager license to Montana →
Transfer your Property Manager license from Montana to: Idaho → | North Dakota → | South Dakota → | Wyoming →
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.