Property Management Contract Template

Disclaimer

The information presented here is intended solely as a general example for contractual purposes related to property management arrangements. It does not constitute legal advice and should not be relied upon as a substitute for consulting a qualified attorney specializing in real estate or landlord-tenant law. Laws and regulations may vary depending on the jurisdiction, and adjustments may be required to ensure compliance with local requirements. The use of this example is the sole responsibility of the user, and we assume no liability for any errors, omissions, or consequences arising from its use without professional review.

This sample template for a Property Management Contract is provided for general informational purposes only. Actual terms may vary based on specific circumstances and legal requirements. Please customize accordingly.

Property Management Contract Sample

Parties Involved:

Property Owner: Michael Johnson
Address: 789 Oak Street, Los Angeles, CA 90001

Property Manager: Sarah Williams
Address: 456 Maple Avenue, Los Angeles, CA 90002

Description of the Property:

The managed property includes residential units at 789 Oak Street, Los Angeles, CA 90001, including all associated common areas, fixtures, and appliances as specified in this agreement.

Management Responsibilities and Scope:

The property manager shall oversee leasing, maintenance, rent collection, and tenant relations, ensuring the property remains in good condition and complies with applicable laws and regulations.

Management Fees and Compensation:

The property owner agrees to pay the manager a monthly fee of $300, payable on the first of each month, along with any additional agreed-upon commissions or charges for specific services rendered.

Term of Agreement:

This contract shall commence on __________________ and continue until terminated by either party with a 30-day written notice.

Obligations of the Parties:

The property owner shall provide access and necessary documentation related to the property. The property manager shall perform duties diligently, maintain accurate records, and communicate regularly with the owner regarding property status.

Governing Law:

This agreement shall be governed by and construed under the laws of the State of California. Any disputes shall be resolved within the jurisdiction of Los Angeles County courts.

Additional Provisions:

• Any amendments to this contract must be in writing and signed by both parties.
• The property manager shall not sub-contract or delegate responsibilities without prior approval from the property owner.
• Both parties agree to confidentiality regarding sensitive information related to the property and tenants.

Los Angeles, ______________________