Rental Property on Leased Land
FACTS: A broker is contacted by a landlord who owns a manufactured home on leased land. The landlord wants to enter into a Property Management Agreement with the property manager to manage the rental.
ISSUE: Can a property manager manage a manufactured home on leased land?
ANSWER: Yes.
DISCUSSION:
Pursuant to A.R.S. § 41-4047(3-4), it is unlawful to engage in the business of brokering the sale of a manufactured/mobile home without a license issued by the Office of Administration.
However, there is no prohibition for performing property management services for a landlord of a dwelling that is affixed to leased land.