For individuals living in North Dakota, a North Dakota Property Management Agreement should be signed between both the property owner and the individual or company that will be maintaining their property for them. The duties involved in the agreement usually cover day-to-day repairs, seasonal work (such as snow removal) and communicating with tenants. Communication with tenants is crucial as it commits the manager to solve any problems that tenants may have. Managers may also need to find new clients, if this is needed. All tasks related to finding new tenants will all be done by the manager. In return, the owner of the property will pay the manager for their work.
In general, if a person wants to work as a property manager in North Dakota, they absolutely must possess a real estate agent license with no exceptions.
A North Dakota Property Management Agreement template can be downloaded by clicking the link below. This will ensure all important details are included and presented as appropriate.
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