Document background
The Simple Property Management Contract is a foundational document used to establish a professional relationship between property owners and property management companies in the United States. This agreement is essential when property owners wish to delegate the day-to-day management of their real estate assets to professional managers. The contract addresses key aspects including manager's authority, service scope, fee structures, maintenance responsibilities, financial reporting, and compliance with federal and state regulations. It's particularly relevant for both residential and commercial properties, providing clear guidelines while remaining adaptable to various property types and management needs. The document ensures compliance with U.S. property management laws while protecting both parties' interests through clearly defined roles and responsibilities.
