Property Management Agreement

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Property Management Agreement
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Property Management Agreement

Property Management Agreement

A contract between a property owner and a management company outlining responsibilities for managing the property.

42,908.46

(4 customer reviews)

Description

A Property Management Agreement is a legal contract where a property owner hires a management company to oversee day-to-day operations. It details services such as rent collection, tenant screening, maintenance, and financial reporting. The agreement also outlines management fees, termination clauses, and legal compliance requirements. This contract is vital for landlords who own multiple properties or are unable to manage properties themselves. A well-drafted agreement ensures smooth operations and protects both the owner and manager from legal disputes.