A Georgia Property Management Agreement is made and signed by a business or individual agreeing to manage a property and the owner of the property. This document clearly outlines the various responsibilities that the owner expects the manager to fulfill which often include organizing repairs and maintenance of the property, working with tenants, and signing contracts with new tenants if existing tenants vacate the property. By hiring a manager, the owner will save themselves a considerable amount of time from working with such tasks. For this, the manager will receive a form of financial compensation as agreed with the owner.
To carry out all functions relating to property management, the individual must have a real estate agent license that is licensed with the state. However, there are certain exceptions to this and this information is detailed in the corresponding statute.
We would highly recommend obtaining a Georgia Property Management Agreement template which can be downloaded by clicking the link below. This will contain the correct language and structure needed to form the document.
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