Free property management agreement 40Free property management agreement 40
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This Property Management Agreement (the “Agreement”) is entered into ____________________
(the “Effective Date”), by and between ________________________, with an address of
_____________________________ (the “Manager”) and _________________, with an address of
_______________________________, (the “Owner”), collectively “the Parties.”
1. Purpose. Owner owns the property located at __________________________________ (the
“Property”). Manager is in the business of managing properties of this type. Owner desires to
engage Manager to manage the Property.
2. Manager’s Responsibilities. Manager agrees to perform the following duties and responsibilities
with regards to the Property:
Advertising of Property. Manager shall advertise the Property for rent, engage and screen potential
renters, enter into rental agreement(s) with acceptable renter(s). Owner shall reimburse Manager for
all expenses related to such Advertising. Manager shall notify Owner, in advance, of anticipated
expenses relate