Free property management agreement 16Free property management agreement 16
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PROPERTY MANAGEMENT AGREEMENT
This Agreement is made and entered into this _____ day of ____________,
20____ between ________________________________ (Owner)
and ________________________________ (Manager).
Owner employs the services of Manager to manage, operate, control, rent and lease the following
described property: ______________________________________________________________.
Responsibilities of Manager. Owner hereby appoints Manager as his lawful agent and attorney-in-fact
with full authority to do any and all lawful things necessary for the fulfillment of this Agreement, including
the following:
A. Collection and Disbursement. Manager agrees to collect all rents as they become due; to render to
Owner a monthly accounting of rents received and expenses paid; and to remit to Owner all income, less
any sums paid out. Manager agrees to collect the rents from the tenant and to disburse funds by ordinary
mail or as instructed by the Owner on or before the 10th day of the current mon