Licensing for Accountability of Management of Properties (LAMP) Amendment Act of 2025

This bill requires property management companies operating in Washington, D.C. to obtain a license, expanding current requirements that only apply to individual property managers. It directly affects all firms providing property management services, including those managing residential buildings, apartments, and commercial properties. The key provision mandates that firms must demonstrate they are licensed under District law, have all employees licensed, and assign a lead property manager per property. This aims to close accountability gaps exposed by cases like the 2015 embezzlement case involving a property manager who stole over $380,000 from clients.