Property Manager Agreement

1. Parties

This Agreement is between ____________________, Owner of residential real property at ____________________ and ____________________, Manager of the property. Manager will be renting unit ______ of the property under a separate written rental agreement that is in no way contingent upon or related to this agreement.

2. Beginning Date

Manager will begin work on ____________________.

3. Responsibilities

Manager's duties are set forth below:

RENTING UNITS

___  answer phone inquiries about vacancies
___  show vacant units
___  accept rental applications
___  select tenants
___  accept initial rents and deposits
___  other (specify) ____________________

VACANT APARTMENTS

___  inspect unit when tenant moves in

___  inspect unit when tenant moves out

___  clean unit after tenant moves out, including:

         ___  floors, carpets and rugs
         ___  walls, baseboards, ceilings, lights and built-in shelves
         ___  kitchen cabinets, countertops, sinks, stove, oven and refrigerator
         ___  bathtubs, showers, toilets and plumbing fixtures
         ___  doors, windows, window coverings and mini-blinds
         ___  other (specify) _________________________________

RENT COLLECTION

___  collect rents when due
___  sign rent receipts
___  maintain rent-collection records
___  collect late rents and charges
___  inform Owner of late rents
___  prepare late rent notices
___  serve late rent notices on tenants
___  serve rent increase and tenancy termination notices
___  deposit rent collections in bank
___  other (specify) _________________________________

MAINTENANCE

___  vacuum and clean hallways and entry ways
___  replace light bulbs in common areas
___  drain water heaters
___  clean stairs, decks, patios, facade and sidewalks
___  clean garage oils on pavement
___  mow lawns
___  rake leaves 
___  trim bushes
___  clean up garbage and debris on grounds
___  shovel snow from sidewalks and driveways or arrange for snow removal
___  other (specify) _________________________________

REPAIRS

___  accept tenant complaints and repair requests
___  inform Owner of maintenance and repair needs
___  maintain written log of tenant complaints
___  handle routine maintenance and repairs, including:
         ___  plumbing stoppages
         ___  garbage disposal stoppages/repairs
         ___  faucet leaks/washer replacement
         ___  toilet tank repairs
         ___  toilet seat replacement
         ___  stove burner repair/replacement
         ___  stove hinges/knobs replacement
         ___  dishwasher repair
         ___  light switch and outlet repair/replacement
         ___  heater thermostat repair
         ___  window repair/replacement
         ___  painting (interior)
         ___  painting (exterior)
         ___  replacement of key
         ___  other (specify) _________________________________

OTHER RESPONSIBILITIES

4. Hours and Schedule

Manager will be available to tenants during the following days and times: ____________________. If the hours required to carry out any duties may reasonably be expected to exceed ________ hours in any week, Manager shall notify Owner and obtain Owner's consent before working such extra hours, except in the event of an emergency. Extra hours worked due to an emergency must be reported to Owner within 24 hours. 

5. Payment Terms

a. Manager will be paid:

___  $____________ per hour
___  $____________ per week
___  $____________ per month
___  Other: ____________

b. Manager will be paid on the specified intervals and dates:

___  Once a week on every ____________ 
___  Twice a month on ____________ 
___  Once a month on ____________ 
___  Other: ____________ 

6. Ending the Manager's Employment

Owner may terminate Manager's employment at any time, and Manager may quit at any time.

7. Additional Agreements and Amendments

a. Owner and Manager additionally agree that: ___________________________________________________________.

b. All agreements between Owner and Manager relating to the work specified in this Agreement are incorporated in this Agreement. Any modification to the Agreement must be in writing and signed by both parties.

8. Place of Execution

Signed at:

City ____________________________      State ____________

Date ____________     Owner  _____________________________

Date ____________     Manager   ___________________________