Property Management Agreement Template - New Mexico

A New Mexico Property Management Agreement is drafted by the property owner which allows them to give another individual the power to manage a property that belongs to the owner. This has advantages for the owner in that they share the main duties with the manager which saves them time and effort.

The manager of the property will be responsible for planning and implementing viewings for a potential tenant, signing agreements, and resolving any queries or questions that they may ask. The manager should also look after the maintenance side of the property, finding workers and paying for maintenance when this is required. To compensate, the manager will provide financial compensation - the details of this are agreed upon between the owner and manager.

In order to work as a property manager in New Mexico, the individual should have a real estate agent license. If an individual does not possess this document, the only other way to act as a property manager would be if they were employed by the owner directly. The best way to do this is by downloading an editable template. A New Mexico Property Management Agreement template can be downloaded by clicking the link below.

Still looking for a particular template? Take a look at the related templates below:

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