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Property Manager Contract

oboloo Glossary

Property Manager Contract

A property manager contract is an agreement between a landlord and a property manager that outlines the services to be provided by the manager, their duties and responsibilities, and any compensation or fees that will be paid. It also outlines various terms and conditions related to the management of the property, such as lease agreements, repairs, maintenance, inspections, and more. The contract should provide both parties with clear expectations and help avoid potential disputes that could arise down the road. Property managers are valuable partners for landlords, providing expertise in areas like marketing, tenant screening, collections, and more. By signing a comprehensive property manager contract, landlords can rest assured that their rental units are being managed according to their high standards.

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