Last month Virginia Governor Tim Kaine has signed HB-516 establishing a mandatory community manager licensing requirement for managers and management companies doing business in the Commonwealth. The law goes into effect on July 1, 2008 with some of the initial deadlines occuring by the end of 2008. Although the specific regulations and requirements have not yet been written and approved, we do know that individuals holding the AMS or PCAM designations from CAI or the CMCA certification from NBC-CAM, along with management companies holding the AAMC accreditation, will meet the requirements for licensing in Virginia.
In addition, we are closely tracking very similar licensing initiatives in Illinois, North Carolina, and South Carolina at this time. CAI is committed to providing all of our members with the necessary training and support to meet the requirements of the new licensing requirements in Virgina (and any other state) simply, efficiently, and cost-effectively.
We have developed a new Manager Licensing page on our web site to provide information on manager certification and licensing requirements and initiatives from across the country, including in Alaska, California, Connecticut, the District of Columbia, Florida, Georgia, Illinois, Nevada, and Virginia. Check back regularly as new information and details are added as they become available.
