A Property Management Agreement is a contract between the owner of a property and a person hired as the manager of the property. It is used for the performance of property management and puts into detail the responsibilities that the property managers are accountable for. The tasks can vary depending on the type of property being managed. In addition to the duties of the manager of the property, a Property Management Agreement includes the responsibilities of the owner, information about payments, and insurance requirements.
A related document - the On-Site Management Agreement - is a contract between the owner of the property and the on-site property manager. On-site property managers are responsible for the daily operation of a particular property, such as a block of flats, a shopping center, or an office building. They inspect the facilities to determine whether a repair is needed, meet with the current tenants, and make sure that they pay their rent on time.
Pressing the PRINT button will only print the current page. Download the document to your desktop, tablet or smartphone to be able to print it out in full.