What type of form must brokers submit to the commission when they intend to engage in property management?

The required form that brokers must submit to the commission when engaging in property management is the Property Management Declaration Form. This form is specifically designated for detailing the broker’s intention to provide property management services and ensures compliance with local real estate regulations. By submitting this form, brokers officially declare their engagement in property management, which allows them to operate within the legal framework set by the commission.

The Property Management Declaration Form provides critical information regarding the scope of management activities, the properties involved, and the responsibilities of the broker. This helps maintain transparency and accountability in property management practices, ensuring that both property owners and tenants understand the services being rendered.

Understanding the purpose of the other forms is essential: a Management Agreement Form typically defines the terms between a property owner and a property manager, but does not serve as a declaration to the commission. A Brokerage Registration Form usually pertains to the initial setup and licensing of the brokerage rather than specific property management activities. An Agency Disclosure Form relates to the required disclosure of agency relationships to clients and does not pertain specifically to the requirement of engaging in property management. Thus, the correct form for this context is indeed the Property Management Declaration Form.