Common Contracts
1 similar Property Management Agreement contracts
Rental property management contractProperty Management Agreement • June 13th, 2023
This section should also include the address of both parties. Agent Appointment – This section provides the general authority being given to the agent along with details about the property the agent will be managing. Provide the full property address(es) and a description. Term – Provide the time period the agreement is in effect as well as what will happen when the agreement’s term ends. The average term is 1 year but can vary depending on the situation. Termination Rights – The agreement should state if termination of the agreement is allowed and, if so, under what terms. Agent’s Compensation – This section provides the standard fees that will be provided to the agent for their services. Additional Fees – This section details additional fees for certain specific situations. Other Compensation – This section details certain actions that are not part of the agreement and which would require additional compensation if requested by the owner. Sale of the Premises – This section will indi
