Property Management Agreement

PROPERTY MANAGEMENT AGREEMENT This Agreement is executed on [effective_date] between [owner_name] (hereinafter "the Owner") and [manager_name] (hereinafter "the Manager"), regarding the property at [property_address]. 1. SCOPE OF SERVICES The Manager shall provide the following services: [scope_of_services]. 2. FEES The Owner shall pay the Manager [management_fee] for the services rendered. 3. TERM This Agreement shall remain in force for [term_months] months from the effective date, unless terminated earlier. 4. AUTHORITY The Manager is authorized to act on the Owner's behalf strictly within the scope described above, and shall account to the Owner for all rent collected and expenses incurred. IN WITNESS WHEREOF the parties have executed this Agreement on the date first written above. OWNER MANAGER [owner_name] [manager_name]