v line

Exercise Extreme Caution when using many of our free forms - or any legal material. While they may provide general ideas on format & content, validity requirements can and do vary greatly from state to state. Many MUST be Properly Modified for your own location and circumstances. (Hint: If in doubt it's usually safer to include unneeded clauses than to leave out necessary ones. . . . but it's even safer to consult a competent source or use current, state specific ones like ours mentioned below.) Also, we urge people (and lawyers too) to read our Relying On Legal Info FAQ.

See Our Premium Forms!


SOME MAIN ROOMS

MISC BUSHWAH

PREMIUM ROOMS

Follow Us!



Our Most Popular Article:
Power of Attorney
Our Most Popular Page:
Free Legal Forms
Our Newest Article: Personal Finance Guide

line
line


line

PREMIUM LEGAL RESOURCES LEGAL FORMS ASK A LAWYER

For Up-To-Date Forms Covering Just About Every State & Situation plus Summaries of
Relevant Laws We STRONGLY SUGGEST Checking Out
'LLL's 25,000+ Premium Forms - Every Subject, Every State
(This should open a new window. Close it when you're done and you'll be back here.)

PROPERTY MANAGEMENT AGREEMENT

This Agreement is made and entered in this _____ day of __________, 20____, between __________, hereinafter called "Owner", and __________, hereinafter called "Manager".

Owner hereby employs the services of the Manager to manage, operate, control,rent and lease the following property: [Description of Property]

Responsibilities of Manager
The 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:
1. To collect all rents due and as they become due, giving receipts therefore; to render to the Owner a monthly accounting of rents received and expenses paid out; and to remit to the Owner all income, less any sums paidout.
2. To make or cause to be made all decorating, maintenance, alterations and repairs to said property and to hire and supervise all employees and otherlabor for the accomplishment of same.
3. To advertise the property and display signs thereon; to rent and lease the property; to sign, renew and cancel rental agreements and leases for the property or any part thereof; to sue and recover for rent and for loss of or damage to any part of the property and/or furnishings thereof; and, when expedient, to compromise, settle and release any such legal proceedings orlawsuits.

Liability of Manager
Owner hereby agrees to hold Manager harmless from any and all claims, charges,debts, demands and lawsuits, including attorney's fees related to hismanagement of the herein-described property, and from any liability for injury on or about the property which may be suffered by any employee, tenant orguest upon the property.

Compensation of Manager
Owner agrees to compensate Manager as follows:

Term of Agreement The term of this Agreement shall commence on the _____ day of __________, 20____, and end on the __________ day of __________,20 _____. Upon expiration of the above initial term, this Agreement shall automatically be renewed and extended for a like period of time unless terminated in writing by either party___ days prior to the date for such renewal. This Agreement may also be terminated by mutual agreement of the parties at any time upon payment to Manager of all fees, commissions and expenses due Manager under terms of this Agreement.

Extent of Agreement
This document represents the entire Agreement between the parties hereto.

IN WITNESS WHEREOF, the parties hereto hereby execute this Agreement on the date first above written.

By: __________ __________

By: __________ __________

-----

For Up-To-Date Forms Covering Just About Every State & Situation plus Summaries of
Relevant Laws We STRONGLY SUGGEST Checking Out
'LLL's 25,000+ Premium Forms - Every Subject, Every State
(This should open a new window. Close it when you're done and you'll be back here.)

-----
Brought to you by - The 'Lectric Law Library
The Net's Finest Legal Resource For Legal Pros & Laypeople Alike.
http://www.lectlaw.com

Google+