Commercial Property Management Agreement

This Commercial Property Management Agreement ("Agreement") is made and entered into as of (the "Effective Date"), by and between:

Owner:
Address:
Phone:
Email:

and

Manager:
Address:
Phone:
Email:

1. Property

The property subject to this Agreement is located at:

Property Address:
Description:

2. Term

The term of this Agreement shall commence on and continue until unless terminated earlier in accordance with this Agreement.

3. Manager's Responsibilities

  1. Lease and rent the property as agent of the Owner.
  2. Collect rent and other income from the property.
  3. Arrange for necessary repairs and maintenance.
  4. Pay property expenses from collected funds as authorized by Owner.
  5. Provide regular reports and accounting to Owner.

4. Owner's Responsibilities

  1. Maintain adequate insurance coverage for the Property.
  2. Provide all necessary documentation and information to Manager.

5. Management Fee

The Owner agrees to pay the Manager a management fee of , payable as follows:

6. Termination

This Agreement may be terminated by either party with days written notice to the other party, or immediately upon breach of its terms.

7. General Provisions

  1. This Agreement constitutes the entire agreement between the parties.
  2. Any amendments must be in writing and signed by both parties.
  3. This Agreement shall be governed by the laws of .
Owner Signature
Date:
Manager Signature
Date: