A rental management agreement is drafted when an individual is hired to manage the rent of the property or properties owned by an individual or an organization. These properties owned are on rent and the rent manager has to manage the rent payments. The agreement has details like the terms and conditions to which both the parties need to agree.
Sample Rental Management Agreement
This agreement has been drafted as on 20th of April 2011 between Henry Lee referred to as the rent manager and Brett Lee referred to as the owner to work as rent manager for the owner.
As per the agreement:
The rent manager has to manage the rent of the building located at the following address:
Sun Rise Building
45 High End Street
New York, New Jersey 8941.
The rent manger has to collect the monthly rent from all the tenants of the building.
The rent manager has to keep a track of the tenants who did not pay up.
The rent manager will be paid a monthly salary of $3000.
In acceptance to the above terms and conditions, find the signature of both the parties mentioned below:
Signature of the rent manager: Signature of the owner: