Yes, property owners in Arizona can manage their own rental properties without a real estate license.
Arizona demands that property managers hold a real estate broker's license to legally engage in property management. Securing this license involves finishing 90 hours of education, a 6-hour contract writing class, passing a rigorous state exam, and undergoing a comprehensive background check.
This state doesn't have a rent control policy that limits increases in rent charges. Additionally, Arizona state laws take precedence over local governments' regulations. In other words, Arizona cities cannot control rent. As a result, this state has become a top choice for real estate investments.
Currently, there is no state or county tax imposed on residential rentals. Therefore, Arizona cities are not be able to impose a tax on residential rentals from and after December 31, 2024.
All owners of property engaging the service of a property management company (PMC) for short-term lodging or commercial rentals are required to obtain a TPT license. Owners of residential rental properties are not required to obtain a TPT license after January 1, 2025.
Simply search for your parcel by placing the parcel number or address in the search bar, select enter and select the REGISTER RENTAL tab. This will take you to the LOG IN page where you will select NOT A MEMBER. You can then create a login and password and begin the rental registration process.
Simply search for your parcel by placing the parcel number or address in the search bar, select enter and select the REGISTER RENTAL tab. This will take you to the LOG IN page where you will select NOT A MEMBER. You can then create a login and password and begin the rental registration process.
As of November 2023, the City of Phoenix has a new short-term rental ordinance that requires owners to: Register with the Maricopa County Assessor's Office. Obtain a permit from the city for each short-term rental property. Notify neighbors of their intent to operate a short-term rental.
8 Steps to Becoming a Landlord in Phoenix Familiarize yourself with landlord-tenant laws. Obtain necessary licenses and permits. Find a property to rent out. Prepare the property for tenants. Set rental terms and advertise the property. Screen potential tenants. Sign a lease agreement:
Residential rental property must be registered with the County Assessor ing to Arizona law (A.R.S. § 33-1902). The intent of this law is to maintain an accurate record of rental properties so that towns, cities and the county can enforce laws about slums and blight in rental properties.