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Real Estate

Property Manager Agreement

Hires a property manager to oversee rental operations. Covers responsibilities, fees, maintenance authority, and accounting obligations.

Why you need one

Clear responsibilities

Defines exactly what the property manager handles — tenant screening, rent collection, maintenance, legal compliance.

Fee structure

Management fees, leasing fees, and maintenance markups are documented so there are no surprises.

Authority limits

Sets spending limits and approval requirements so the manager can't make unauthorized expenditures.

Accounting obligations

Requires regular financial reporting so you stay informed about your property's performance.

How it works

01

Answer a few questions

Takes about 10 minutes. Progress is saved as you go.

02

Pay a flat fee

Stripe checkout — cards + Apple Pay + Google Pay accepted.

03

Our expert team drafts it

State-specific, reviewed by an expert or partner attorney. 2 business days.

04

Download + sign

Delivered to your /account dashboard. Sign digitally or print + notarize.

What's in your document

  • Property description
  • Manager responsibilities
  • Fee structure
  • Maintenance authority
  • Accounting & reporting
  • Termination

Make it legal — after you receive it

1

Review with the manager

Walk through responsibilities, fees, and authority limits together.

2

Both parties sign

Owner and manager sign. Keep originals.

3

File with property records

Keep with your property documents and formation records.

This is not legal advice. We draft legal documents and our team includes licensed experts who review each one, but we are not your law firm and nothing we deliver constitutes legal advice for your specific matter. Read our full disclaimer.

Competitor pricing checked against Rocket Lawyer and LegalZoom public pricing; excludes fees and may change. See our price sources for capture dates.

Flat fee — no subscription
$49
Rocket Lawyer $40LegalZoom $99
  • State-specific — every state's format supported
  • Delivered to your /account dashboard within 2 business days
  • CPA + attorney review before delivery
  • Free amendments for 30 days