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Property Management Agreement
Property Management Agreement
Parkinson Property, Burrow Farm, Burrow Road, Lancaster, LA2 0AP
Insert name & address here
Property address: 33 Somewhere Road, Anytown, LA1 1AB
Term of the contract is one year from 1st August 2018
1. Parkinson Property agrees to let and manage the above property, acting as the owner’s
sole agent.
2. The standard fee for finding a tenant or re-letting the property to a new tenant is £450
including VAT, which includes advertising on the internet and in local papers, arranging
viewings, taking up references on prospective tenants and carrying out credit checks; also
drawing up, signing and agreeing the tenancy agreement. Drawing up and recording of a full
inventory including the condition of the property. Collecting the deposit and paying it to the
Deposit Protection Service.
3. The fee for the full management service is 15% including VAT per month, which will only
be payable during the months when the rent is paid