Property Management Agreement Template - Maryland

A Maryland Property Management Agreement is a legal document created and signed by a real estate owner and a party being hired to maintain their property for them. This document outlines all of the working conditions, duties, and expectations that both parties have towards one another. The owner would expect the manager to take great care of the property and make sure that nothing is falling apart, calling out maintenance workers when required.

The manager would also be responsible for forming a working relationship with tenants, including finding new tenants, signing agreements and maintaining contact with them. They are responsible for all documents and finances associated with such agreements. In turn, the owner makes a documented promise to fulfill their financial aspect of the agreement by offering the manager financial compensation.

In Maryland, this procedure is relatively straightforward as it does not require a property manager to possess a real estate license as in most states. This is why we would suggest downloading a Maryland Property Management Agreement template by clicking the link below.

Haven't found the template you're looking for? Take a look at the related templates below:

• Eviction Notice Template;
• Rental Inspection Checklist Template;
• Rental Application Form.