In South Carolina, you can't collect rent, sign leases, or negotiate rentals for someone else without a license. The good news: the Property Manager license is one of the most accessible credentials in real estate. It takes 30 hours of coursework, one exam, and a background check.
I've spent over two decades in South Carolina real estate, as an investor, a broker, and a landlord-tenant attorney. I see the same thing over and over: people who wanted to "just help a friend manage a rental" and ended up practicing without a license, or new managers who got licensed but were never taught how to actually run a portfolio. This guide covers both. Here's exactly what the law requires, where the forms live, and what the licensing process won't teach you.
Do You Actually Need a License?
If you manage someone else's property for pay, yes. South Carolina's Real Estate License Law (S.C. Code Title 40, Chapter 57) makes it unlawful to act as a property manager, or to advertise or provide those services, without an active license from the South Carolina Real Estate Commission (SCREC).
The statute defines a property manager as a licensee who, for a fee, salary, commission, or other consideration, handles leasing and management activities for others. In plain terms, that covers:
- Negotiating or signing leases on behalf of an owner
- Collecting rent and security deposits
- Advertising rentals and holding yourself out as a manager
- Handling owner funds through a trust account
Common exceptions. An owner leasing their own property doesn't need a license, and the law carves out certain employees and on-site staff. A 1988 SC Attorney General opinion concluded that someone who only shows units, quotes rents, advertises, and hands out applications, without signing leases, falls outside the definition. These exceptions are narrow. Read the exemptions in the statute before relying on one.
Already a licensed salesperson or broker? Your associate or broker license may already permit property management under your BIC. The standalone Property Manager license is for people who want to manage without selling.
The risk of skipping it. Unlicensed activity can bring fines and criminal penalties, and fees earned without a license may be unrecoverable. For owners, hiring an unlicensed "manager" puts their deposits and their fair housing compliance in untrained hands.
Property Manager vs. Property Manager-in-Charge
South Carolina issues two property management licenses. Most people start as a Property Manager and add PMIC once they're ready to run their own operation.
| Property Manager (PM) | Property Manager-in-Charge (PMIC) | |
|---|---|---|
| Minimum age | 18 | 21 |
| Education | 30-hour PM prelicensing course (or a JD/LLB or real estate bachelor's degree) | PM requirements + 7-hour PMIC accounting and record-keeping course |
| Exam | SC Property Manager exam (PSI) | Same exam; no separate PMIC exam |
| Initial license fee | $125 | $250 |
| Who supervises you | Must be licensed under a PMIC or a broker-in-charge | You are the one in charge |
| Trust accounts | Works under the PMIC's accounts | Responsible for and liable for trust accounts |
The statute is direct on supervision: an active property manager must be licensed under a PMIC or BIC, or be designated a PMIC, and can only hang their license with one supervisor at a time. If you want to open your own management company without a brokerage license, PMIC is your path.
Step by Step: Getting Your SC Property Manager License
The process runs in a fixed order: course, application, background check, exam, license. Under the Commission's current process, you apply before you test. PSI won't let you schedule until SCREC approves your file.
- Confirm you're eligible. You must be 18 or older and hold a high school diploma or a GED/equivalency. Use the Commission's Property Manager eligibility tool to check.
- Complete the 30-hour prelicensing course. Take Commission-approved Property Management Principles and Practices from an approved school. A JD, LLB, or a bachelor's or higher in real estate can satisfy this instead. Keep your certificate of completion; you'll upload it.
- Submit your application to SCREC. Download the Property Manager Application Package and review the requirements overview. Include:
- $25 application fee (non-refundable)
- Copy of a valid driver's license, state ID, or passport, and your signed Social Security card
- Proof of education (diploma, GED, or an official transcript sent directly from the school)
- Notarized SC LLR Verification of Lawful Presence form
- Your 30-hour course certificate
- Written explanations for any "yes" answers to personal history questions, plus the Criminal History Explanation Form if applicable
- Consent to Jurisdiction form (nonresidents only)
- Complete both background checks. After SCREC receives your application, it emails instructions for a fingerprint-based check and a Social Security check. Your application can't be approved until both reports are in.
- Register for and pass the exam. Once approved, PSI notifies you that you can register. The fee is $60, paid directly to PSI. Study from the PSI Property Manager Candidate Information Bulletin. The bulletin describes a 50-question, 90-minute exam with 70% needed to pass; about 18 questions cover laws affecting property management, including license law, fair housing, and the ADA. Confirm current exam specs with PSI before test day.
- Pay the license fee and affiliate. PSI sends your score to the Commission. SCREC then asks for the $125 initial license fee and a Supervision Attestation Form signed by your PMIC or BIC. Going straight to PMIC? Submit the PMIC application and the $250 fee instead.
Watch the clock. Your application is good for one year from receipt. If it isn't complete within that year, you start over, including fees and transcripts. You can track status through the LLR eService portal.
Estimated out-of-pocket cost: $210 in state and exam fees ($25 + $60 + $125), plus your course tuition and fingerprinting fee.
After You're Licensed: Renewal, CE, and the PMIC Path
SC real estate licenses renew every two years, expiring June 30, with renewal opening in April. Miss June 30 and your license lapses on July 1. Renew through the Commission's renewal page.
Continuing education. As of this writing, the Commission does not require CE hours for active Property Manager or PMIC renewals, unlike salespersons and brokers, who need 10 hours per cycle. Legislation has been proposed to add a fair housing CE hour for property managers, so check the Commission's CE page each cycle. No requirement doesn't mean no need: fair housing and security deposit law are where new managers get hurt.
Moving up to PMIC. Once you're 21 and hold a PM license (or have passed the exam), complete the 7-hour PMIC accounting and record-keeping course and submit the PMIC application. As PMIC, you're responsible for your associated licensees, your office records, and the trust accounts, which SC law requires you to reconcile monthly. Your duties are spelled out in S.C. Code § 40-57-135.
What the License Won't Teach You
Passing the exam proves you know the rules. It doesn't prove you can run a portfolio. These are the gaps I see most often in new managers, and in the files that land on my desk as an attorney:
- The SC Residential Landlord and Tenant Act. Notices, deposit returns, entry rights, and eviction timelines all live here. One defective notice can restart an eviction and cost an owner a month of rent.
- Trust accounting discipline. Commingling owner and operating funds is one of the fastest ways to lose a license. Reconcile monthly, without exception.
- Fair housing in daily practice. Screening criteria, advertising language, and reasonable accommodation requests (especially assistance animals) need written, consistent procedures.
- Management agreements. Know what you're authorized to do, what you're paid for, and how the relationship ends, before an owner dispute forces the question.
- Choosing your supervisor. Your PMIC or BIC shapes your training. Ask how they handle trust accounts, maintenance vendors, and evictions before you sign the attestation.
Your Licensing Checklist
- Confirm eligibility (18+, diploma or GED)
- Complete the 30-hour PM prelicensing course
- Choose a PMIC or BIC to license under
- Submit the application package and $25 fee
- Complete fingerprint and Social Security background checks
- Register with PSI and pass the exam ($60)
- Pay the $125 license fee and file the Supervision Attestation Form
- Calendar your June 30 renewal date
Official Links and Resources
SCREC contact: 110 Centerview Dr., Columbia, SC 29210 · 803-896-4400 · Contact.REC@llr.sc.gov
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At the Kunitsa Institute of Real Estate, we don't just get you licensed. We teach you how to operate on day one: trust accounting, landlord-tenant law, fair housing, and the systems real management companies run on.
