In Indiana, what type of license is required to manage a property?

In Indiana, managing a property typically requires a managing broker license. This type of license is specifically designed for those who oversee real estate activities and manage properties, including the supervision of other agents or employees within a real estate brokerage. A managing broker is responsible for ensuring compliance with real estate regulations and managing the financial aspects of property management, such as rent collection and property maintenance.

The other types of licenses listed do not encompass the full scope of responsibilities involved in property management. A sales associate license primarily allows individuals to facilitate property transactions but does not grant them the authority to manage properties. A real estate agent license is often a general term, similar to a sales associate license, and does not imply management capabilities. A leasing agent license typically permits individuals to show rental properties and facilitate tenant placements but does not extend to the broader management of properties, which includes extensive oversight and responsibility.