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Property Management Agreement

Agreement between a property owner and management company, authorizing the manager to handle day-to-day operations including tenant relations, maintenance, and rent collection.

PDF TemplateUse the instructions below to complete this form

Instructions

Define the scope of management authority including tenant screening, lease execution, rent collection, maintenance coordination, and financial reporting. Specify the management fee (typically 8-12% of gross rents). Address insurance requirements, reserve fund maintenance, and spending limits requiring owner approval. Include termination provisions with 30-60 day notice.