Property Management Agreement

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Hiring a property manager — or a manager taking on a new owner? PaperKit drafts a proper Property Management Agreement between the owner and the management company: appointment & property, term & termination, the manager's duties (rent collection, maintenance, tenant relations, accounting) and the owner's obligations. Pick how the manager gets paid — a percentage of collected rent, a flat monthly fee, or a hybrid — and it wires in the matching compensation section and estimates the monthly fee for you. Toggle a leasing/tenant-placement fee, a maintenance reserve with a per-repair spending cap, and exclusivity. Hosted online for the manager to review & e-sign. Clean PDF.

Owner

Owner name *

Legal entity (optional)

Signer name

Signer title

Owner email (optional)

Notice address (optional)

Manager (management company)

Manager / company name

Entity type (optional)

Authorized signer

Signer title

Manager email (optional)

Manager phone (optional)

Broker license # (optional)

Property

Property address

Property description (units / sq ft)

Property type (optional)

How the manager gets paid

This is the big lever — it drives the Compensation section and which fee inputs matter. PaperKit estimates the monthly fee for you.

Monthly rent collected (basis for % fee)

Management fee (% of collected rent)

Term & termination

Start date

Term length

End date (optional)

Termination notice

Optional clausesCharge a leasing / tenant-placement fee for each new tenant

Leasing fee ($ per placement)

Leasing fee note (optional)

Maintenance reserve + per-repair spending-authority cap

Maintenance reserve (owner-funded float)

Spending cap (per repair, no prior approval)

Exclusive appointment (manager is the sole managing agent for the property)

Governing law (optional)

Additional terms (optional)

Live preview

A real, section-by-section property management agreement. The fee type drives the compensation section. Publish to get a hosted link the manager can e-sign online.

Enter the owner name…

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Generated agreements are templates for convenience, not legal advice, and PaperKit is not a law firm. Property-management and real-estate licensing laws vary by state and locality — review the agreement and consult a qualified attorney.