Property Management Agreement
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The property management agreement is designated for landlords or residential or commercial property that would like someone else to take care of the everyday tasks of the property. The main functions would be to keep the property leased and maintained.
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The agreement can be modified in two (2) ways;
1. Percentage Based – So that the manager gets a percentage of what the property makes in order to give the person motivation to keep costs at a minimum and collect as much as they can in rent.
2. Standard Payment – The manager is paid a standard rate that is set in the agreement.
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