Property Management Contract
This Property Management Contract ("Agreement") is made and entered into on this day of , 20 by and between:
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Owner:
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Address:
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Manager:
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Address:
1. Property Information
Property Address:
Description:
2. Term
The term of this Agreement shall begin on and continue until , unless terminated earlier in accordance with this Agreement.
3. Manager's Responsibilities
- Rent collection and accounting
- Property maintenance and repairs
- Tenant selection, leasing, and communication
- Regular property inspections
- Other services:
4. Owner's Responsibilities
- Provide up-to-date property information and necessary documents
- Maintain adequate property insurance
- Authorize necessary repairs and improvements
- Other responsibilities:
5. Compensation
| Fee Type |
Amount/Percentage |
Frequency |
| Management Fee |
|
|
| Leasing Fee |
|
|
| Other Fees |
|
|
6. Termination
Either party may terminate this Agreement with days written notice. Termination conditions and obligations are as follows:
- Final accounting and payments
- Transfer/return of property documents
- Other conditions:
7. General Provisions
- Governing Law:
- Entire Agreement
- Amendments must be in writing and signed by both parties
- Notices: