If you do not understand it consult your attorney.
Property management contract form. A property management agreement is between a landlord and a property manager that is required in most states to be a licensed real estate agent. The primary duty of a property manager is to maintain the property while ensuring any vacant space is leased. The property manager like a real estate agent is paid a percentage of the total rent paid by the tenants.
Also the property manager cannot enter the premises without giving you appropriate notice first. This property management agreement is intended for real estate owners to execute with those managing their property for rental purposes. Download this property management agreement for free and have it customized for your unique real estate legal needs today.
1 this property management agreement contract is made and entered into between 2 owner and 3 insert brokerage co. Property management agreement page 1. Property management agreement.
Property management agreement this is a legally binding contract. Under the terms of this property management agreement client company hereby referred to as owner authorizes sender company hereby referred to as manager to perform business related transactions on behalf of owner for the property at number street in city hereby referred to as property. In the property management agreement form specify that there should be no contracting with other property managers or property management companies for the contract s duration.