Property maintenance agreement templateProperty Management Agreement • May 3rd, 2023
Contract Type FiledMay 3rd, 2023The property manager should have a clear understanding of their duties, such as tenant screening, rent collection, maintenance and repairs, and handling emergencies. The property owner should also have a clear understanding of their obligations, such as providing necessary funds, complying with laws and regulations, and approving major expenses.2. Include clear and specific termsThe contract should include clear and specific terms related to the services being provided, such as the duration of the contract, fees, payment terms, and termination clauses. This helps to avoid any misunderstandings or disputes in the future.3. Protect your interestsMake sure the contract includes provisions that protect your interests as a property owner, such as requiring the property manager to obtain proper insurance coverage, and providing for regular reporting and communication on property management activities.4. Hire a reputable property management companyBefore signing a property management contract