While being in the business of managing properties for owners, it is crucial to have the appropriate documents. This ezLandlordForms’s Property Management Agreement (for Managers) is a contract designed to organize all of the terms and responsibilities a manager will execute for the landlord. This document will outline all of the obligations and duties of both the owner and agent, and allow the owner to choose which authorities the property manager/agent will handle.
The Property Management Agreement (for Managers) is designed for the owner and a property manager/agent to outline the responsibilities of each party as well as the fee structure. The Agent will create this specific document when an owner hire's him/her to assist in managing rental properties. This contractual agreement highlights and identifies the responsibilities of both the owner and the property manager. Use this agreement when hiring a property manager to oversee your rental properties.
NOTE: This specific document is created by the agent. For owners and landlords, the Property Management Agreement (For Landlords)
should be used instead.
Creating your Property Management agreement is a cinch and can be done in a matter of seconds. Just click create to be taken to Customize a Document screen. From there you can begin typing your information onto the template provided. You may add unlimited text to this document.
WARNING: State laws vary greatly on requirements of Agents/Property Managers and many have Agency disclosure requirements. As with any legally binding contract, it is strongly suggested that both Agent/Property Manager and Owner consult with an Attorney before using this document.
Please Note: This document requires that the Landlord select check boxes by hand, under Section II: Authority and Power of Agent.