RESIDENTIAL PROPERTY MANAGEMENT AGREEMENT

ORDER FORM

Price

$350 – $700 depending on selection in the Order Form – Customization requests are welcome and priced in advance after review.

How to Order

Complete the Order Form and send by email.

Overview

Our Residential Property Management Agreement defines the relationship between property managers and property owners and may be used throughout Colorado. Because the Colorado Real Estate Commission does not provide a Commission-approved property management form, many clients rely on our agreement to define the relationship between property managers and owners.

What the Agreement Covers

• Selection of management services to be provided, including: (1) marketing and tenant-selection services; (2) entering into leases; (3) managing tenant relationships; (4) contracting for maintenance services; and (5) payment of property-related expenses
• Compensation, including: (1) leasing commissions; (2) renewal commissions; (3) regular management fees; and (4) minimum management fees

• Transaction-brokerage or landlord agency representation
• Establishment and reimbursement of management custodial account
• Choice of who holds tenant security deposits
• Detailed property description
• Owner obligations to keep property in compliance with various laws, regulations, and ordinances
• Owner representations regarding foreclosure, meth labs, carbon monoxide detectors, and HOAs
• Manager-oriented termination and cancelation provisions
• Manager indemnification by owner
• Term of engagement
• Effect of listing or sale
• Many other important provisions . . .

RESIDENTIAL PROPERTY MANAGEMENT AGREEMENT ORDER FORMEmpty heading