What type of license is required for property managers receiving compensation for management of community associations?

The correct response is the Community Association Manager license. This type of license is specifically designed for individuals who manage community associations, which can include homeowner associations (HOAs) and condo associations. In Florida, community association managers are required to hold this license if they are involved in the management of community associations and are compensated for their work.

The licensing ensures that managers fulfill specific educational and ethical standards necessary to effectively oversee community affairs, financial management, and compliance with state regulations. Such oversight is crucial in maintaining community standards and protecting the interests of property owners within the associations.

In contrast, a real estate broker license isn't focused solely on community associations but encompasses broader real estate activities. A property management certification might provide useful training for managing properties but does not meet the legal requirements set forth by Florida law for managing community associations. A general contractor license pertains to the construction and renovation industry and is not applicable to property management responsibilities.