Property Management Agreement (Apartments)
for Your StateThis Property Management Agreement is for use by a property owner who wants to engage a manager to operate and manage apartments on a daily basis. This agreement sets out the detailed terms of the management arrangement and can be easily adapted to fit your unique situation.
This Property Management Agreement (Apartments) is between a property owner and a manager who will operate and manage one or more apartments. This arrangement is extremely helpful for those who own rental properties, out-of-state property owners or individuals who are no longer able to manage their own property. This management agreement sets out the specific services the property manager will perform, the continuing responsibilities of the owner and the compensation the property manager will receive. This type of business agreement should always be clearly set out in writing. A written Property Management Agreement will prove invaluable in the event there are disagreements, misunderstandings or miscommunication regarding the roles each party will play to effectively manage the apartments.
This Property Management Agreement (Apartments) contains the following provisions:
Protect yourself, your rights and your property by purchasing this attorney-prepared form.
This attorney-prepared package includes:
This Property Management Agreement (Apartments) contains the following provisions:
- Parties/Date: Sets forth the name and address of the property owner, property manager and the date the agreement is signed;
- Appointment/Owners Obligations: Property owner appoints manager as the sole and exclusive agent and agrees to provide the manager with all the necessary tools in order to effectively manage and lease the apartments;
- Authority of Broker: Sets out in specific detail the services the property manager will provide including management responsibilities, leasing authority, maintenance of accurate records and security deposits;
- Broker Fees: Sets out in detail the fees the owner will pay to property manager including management, leasing, renewal or extension, service, administrative and reimbursement fees;
- Term and Termination: Sets out the specific commencement date and options under which either party may terminate this agreement;
- Expenses: Property manager agrees to bear all reasonable out-of-pocket expenses;
- Dispute Resolution: Any disputes will be settled according to the rules of the American Arbitration Association;
- Signature: Both property owner and property manager must sign the management agreement.
Protect yourself, your rights and your property by purchasing this attorney-prepared form.
This attorney-prepared package includes:
- General Information
- Instructions and Checklist
- Property Management Agreement (Apartments)
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.
Number of Pages13
DimensionsDesigned for Letter Size (8.5" x 11")
EditableYes (.doc, .wpd and .rtf)
UsageUnlimited number of prints
Product number#43438
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.