Each state has their own licensing rules and statutes; most are similar; In the State of Florida (F.S. 475) a licensee can only have one employer, that is license activity is under one broker/employer. As a salaried employee with the management company and "absolutely no license activity conducted", a disclosure to all employers would be required; because of confidentiality and conflict of interests, not recommended. Penalty and forfeiture of license could occur. A licensee can have only one employer for licensee activity, any thing else would as a salaried employee; no commissions, bonuses etc. would be legal with the property management company, and again, all parties would have to be aware of the employment situations.
Julio Guzman, Lic. Real Estate Broker/Lic. Real Estate Instructor, Tampa Florida
Jul 25, 2017