Get the free SAMPLE PROPERTY MANAGEMENT AGREEMENT bRentalb bb

Baroque Property Management 116 Royal ton Pvt. Ottawa, ON, K1V 9S3 Bus: (613) 8696578 Fax: (613) 4999986 Info LarocquePM.com SAMPLE: PROPERTY MANAGEMENT AGREEMENT THIS AGREEMENT made this day of,

How to fill out sample property management agreement

To fill out a sample property management agreement, follow these steps:

1. Start by entering the date and the names of both parties involved in the agreement, i.e., the property owner and the property management company.
2. Specify the property details, including the address, type of property, and any additional features or amenities.
3. Outline the responsibilities of the property management company, such as rent collection, maintenance, repairs, and tenant screening.
4. Clearly state the fees and compensation structure, including any upfront costs, management fees, or additional charges for specific services.
5. Specify the duration of the agreement, whether it is for a fixed term or on a month-to-month basis.
6. Include provisions regarding tenant selection and eviction processes, outlining the criteria for tenant eligibility and the steps to be taken in case of lease violations or non-payment of rent.
7. Address insurance requirements, including liability coverage and whether the property management company should be named as an additional insured party.
8. Include any additional terms and conditions or special provisions that are relevant to the property or the agreement.
9. Both parties should carefully review and sign the agreement, acknowledging their understanding and consent to the terms outlined.

Who needs a sample property management agreement?

1. Property owners: Individuals or entities who own properties but want to delegate the responsibility of managing them to a professional property management company can benefit from a sample property management agreement.
2. Property management companies: These companies require sample property management agreements to establish a standardized approach when entering into agreements with property owners. This ensures that both parties understand their rights, obligations, and expectations.

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