Document background
The Short Form Property Management Agreement serves as a fundamental legal instrument in Canadian real estate management, designed for situations where a comprehensive long-form agreement may be unnecessary. This document is typically used for single properties or smaller portfolios where the management arrangement is straightforward and doesn't require complex provisions. It establishes the essential framework for professional property management services while ensuring compliance with Canadian federal and provincial regulations. The agreement covers key aspects such as management duties, fee structures, reporting requirements, and termination provisions, while remaining concise and accessible. It's particularly suitable for individual property owners, small to medium-sized management companies, and situations where the scope of management services is well-defined and standard.
