Property Management Agreement Template - Pennsylvania

Property Management Agreement Template - Pennsylvania

A Pennsylvania Property Management Agreement permits another party to legally manage a property with full permission from the owner of the property. The exact duties ought to be decided upon prior to the agreement being drafted. This is usually done when the owner is too busy to maintain the property independently. To help them with this, owners hire another party to carry out some crucial jobs on their behalf and in exchange, these individuals receive financial compensation.

The standard responsibilities involve communicating with tenants and looking for replacement tenants (if tenants are evicted or leave) as well as caring for the property by making sure that all repairs are carried out promptly. These day-to-day operations need to be planned and organized with the relevant documentation being saved.

In Pennsylvania, the potential manager must have a real estate agent license for them to carry out all of the described duties.

We would strongly recommend downloading a Pennsylvania Property Management Agreement template which can be downloaded by clicking the link below.


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