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Property management agreement

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Property Management Agreement

PROPERTY MANAGEMENT AGREEMENT

PARTIES

This Property Management Agreement (hereinafter referred to as the "Agreement") is entered into on (the "Effective Date"), by and between:

Owner:

Address:

Email:

Phone:

Agent:

Address:

Email:

Phone:

GENERAL

The Owner exclusively appoints the Agent to manage the property located at:

Property Address:

The Agent accepts this responsibility and agrees to manage the property accordingly.

The Owner agrees to pay the fees associated with the services provided by the Agent.

TERM

Agreement Start Date:

Agreement End Date:

RESPONSIBILITIES OF THE AGENT

  • To rent, lease, and operate the property.
  • To collect rent and applicable payments from tenants in due time.
  • To provide a monthly accounting of collected rents and paid expenses to the Owner.
  • To decorate, improve, repair, and maintain the property when needed.
  • To hire and supervise employees (if any) when required.
  • To inform the Owner of any improvements and repairs exceeding before proceeding with payments.

SIGNATURES

Owner's Signature: ____________________ Date:

Agent's Signature: ____________________ Date:

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