Property Management Contracts

A Property Management Contract is an agreement between a property owner and a management company. It outlines the responsibilities of the manager, such as finding tenants, handling rent collection, maintaining the property, and addressing tenant issues. The contract specifies fees, duration, and terms for terminating the agreement. This contract helps ensure that the property is well managed and profitable. Essentially, it allows the owner to delegate daily operations to a professional while retaining ownership and control over the property.