Ƶ

Management Agreement (Real Estate) for the United States

Management Agreement (Real Estate) Template for United States

A Real Estate Management Agreement is a legally binding contract used in the United States that establishes the relationship between a property owner and a professional property management company. The agreement outlines the scope of services, responsibilities, compensation structure, and terms under which the management company will operate and maintain the property on behalf of the owner. It includes provisions for compliance with federal, state, and local real estate laws, fair housing regulations, and industry standards.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Management Agreement (Real Estate)

Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Management Agreement (Real Estate)?

The Real Estate Management Agreement (Management Agreement (Real Estate)) is essential when property owners seek to delegate the day-to-day operations and management of their real estate assets to professional management companies. This document is commonly used across the United States and must comply with both federal and state-specific property management regulations. It typically covers areas such as rent collection, maintenance, tenant relations, financial reporting, and regulatory compliance. The agreement is particularly important for ensuring clear delineation of responsibilities, establishing performance metrics, and protecting both parties' interests in the management relationship.

What sections should be included in a Management Agreement (Real Estate)?

1. Parties: Identification and details of the property owner and management company

2. Background: Context of the agreement and property details

3. Definitions: Key terms used throughout the agreement

4. Appointment and Authority: Scope of manager's authority and responsibilities

5. Term and Termination: Duration of agreement and termination conditions

6. Management Fees: Fee structure and payment terms

7. Manager's Duties: Detailed responsibilities and obligations of the property manager

8. Owner's Obligations: Property owner's responsibilities and commitments

9. Insurance and Liability: Insurance requirements and liability allocation between parties

What sections are optional to include in a Management Agreement (Real Estate)?

1. Environmental Matters: Environmental compliance and responsibilities for properties with specific environmental concerns

2. Capital Improvements: Process and authority for implementing major property improvements and renovations

3. Marketing Services: Specific marketing obligations, budgets and strategies for property promotion

What schedules should be included in a Management Agreement (Real Estate)?

1. Property Schedule: Detailed description and specification of managed property/properties

2. Fee Schedule: Detailed breakdown of management fees, charges and payment terms

3. Service Level Agreement: Specific performance metrics and service standards for property management

4. Insurance Requirements: Detailed insurance specifications and minimum coverage requirements

5. Reporting Templates: Standard forms and templates for financial and operational reporting

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

United States

Publisher

Ƶ

Document Type

Agreement Contract

Cost

Free to use
Clauses



































Industries

Fair Housing Act (FHA): Federal law prohibiting discrimination in housing transactions and ensuring equal treatment of tenants and applicants

Americans with Disabilities Act (ADA): Federal legislation requiring accessibility accommodations in common areas and reasonable accommodation requirements for disabled individuals

Fair Credit Reporting Act (FCRA): Federal law governing tenant screening procedures and credit check requirements for property management

Federal Lead-Based Paint Laws: Regulations requiring disclosure and proper management of lead-based paint hazards in residential properties

State Property Management Licensing Requirements: State-specific regulations requiring proper licensing, education, and certification for property managers

State Landlord-Tenant Laws: State legislation governing rights and responsibilities of property managers, eviction procedures, and security deposit handling

State Real Estate Laws: Regulations covering fiduciary responsibilities, commission structures, and contract requirements for real estate management

Local Municipal Codes: City/county-specific regulations including zoning laws, building codes, and local property management requirements

State Contract Laws: State-specific legislation governing contract formation, enforceability, and termination clauses

Insurance Requirements: Regulations regarding professional liability insurance, property insurance, and workers' compensation coverage for property management

Tax Laws: Federal and state regulations governing income reporting, property tax handling, and 1099 reporting requirements for property management

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Agreement Letter Between Company And Employee

A U.S.-compliant formal agreement establishing employment terms and conditions between an employer and employee.

Download

Contract Letter Between Two Parties

A legally binding agreement in letter format that establishes contractual relationships between two parties under U.S. law.

Download

Agreement For Work To Be Performed

A U.S. legal contract defining terms and conditions for specific work or services to be provided, including scope, payment, and deliverables.

Download

Enforceable Contract

U.S.-compliant enforceable contract template incorporating all essential elements required under federal and state law.

Download

White Label Software License

A U.S.-governed agreement allowing companies to license and rebrand software products under their own name.

Download

Electronic Confidentiality Agreement

A U.S.-compliant agreement protecting confidential information shared electronically between parties, incorporating federal electronic signature and trade secret laws.

Download

Basic Contract

A standard U.S.-compliant contract template establishing fundamental terms and conditions between parties, suitable for various business relationships.

Download

Prenuptial Agreement

A U.S. legally binding contract executed before marriage that establishes property and financial rights of spouses in case of divorce or death.

Download

Agreement Letter Between Two People

A legally binding agreement letter used in the U.S. to document mutual understanding and obligations between two individuals, following American contract law principles.

Download

Home Contract Agreement

A legally binding agreement under U.S. federal and state laws that documents the terms and conditions for the purchase and sale of residential property.

Download

Statement Of Agreement

A U.S.-compliant formal document that outlines agreed terms between parties, serving as a legally binding agreement while being more streamlined than a full contract.

Download

Agreement Between Principal Employer And Contractor

A U.S.-governed contract defining the relationship and terms between a principal employer and independent contractor.

Download

Business Percentage Agreement

A U.S.-governed agreement establishing percentage-based revenue or profit sharing terms between business parties.

Download

Rent In Exchange For Services Agreement

A U.S. legal agreement establishing terms for rent-free accommodation in exchange for specified services provided to the property owner.

Download

Catering Contract

A U.S.-governed agreement between caterers and clients for professional food service provision, covering service terms, pricing, and regulatory compliance.

Download

White Label Software License Agreement

A US-governed agreement allowing companies to license and rebrand software products under their own brand name.

Download

Business Cooperation Agreement

A US law-governed agreement establishing terms and conditions for business collaboration between multiple parties, defining rights, obligations, and operational framework.

Download

Terms Of Business Agreement

A US law-governed agreement establishing core terms and conditions for business-to-business service provision.

Download

Online Lease Agreement

A U.S.-compliant digital rental contract establishing terms between landlord and tenant for residential property use.

Download

Business Contract

A U.S.-governed Business Contract establishing terms and conditions for commercial relationships between business entities.

Download

Yearly Contract Agreement

A US-governed agreement establishing terms and conditions for a twelve-month contractual relationship between parties.

Download

Working Partner Agreement

A U.S. legal agreement defining the terms and conditions of a working partner's involvement in a business, including ownership rights and operational responsibilities.

Download

Work For Hire Contract

A U.S.-governed agreement establishing ownership rights of commissioned work under the work-for-hire doctrine.

Download

Work For Hire Agreement

A U.S.-governed agreement establishing ownership rights and terms for work created by a contractor for a hiring party, under copyright law.

Download

Work Contract Agreement

A legally binding employment agreement that establishes work terms and conditions between employer and employee, compliant with U.S. federal and state employment laws.

Download

Work Contract

A legally binding employment agreement that establishes terms and conditions of employment under U.S. federal and state laws.

Download

Work Agreement

A U.S.-compliant agreement establishing employment terms between employer and employee.

Download

Wholesaling Houses Contracts

A U.S. legal agreement enabling the transfer of property purchase rights from a wholesaler to an end buyer, subject to federal and state real estate regulations.

Download

White Label Agreement

A U.S.-governed agreement enabling one company to rebrand and sell another company's products or services under their own brand name.

Download

Website Development Agreement

A U.S.-compliant legal agreement between a website developer and client establishing terms for website development services, including scope, timeline, and deliverables.

Download

Website Design Contract

A U.S.-compliant legal agreement between a website designer and client defining the terms of website design services and deliverables.

Download

Website Contract

A U.S.-governed legal agreement between website developers and clients defining website development terms and obligations.

Download

Web Development Contract

A U.S.-governed legal agreement between a web developer and client specifying terms for website development services, including scope, deliverables, and rights.

Download

Web Design Contract

A U.S.-governed legal agreement between a web designer and client specifying terms, deliverables, and rights for website development services.

Download

Volunteer Contract

A legally binding agreement under U.S. law that establishes terms and conditions between a volunteer and an organization for unpaid service provision.

Download

Voluntary Service Agreement

A U.S.-governed agreement defining terms and conditions for volunteer services, protecting both the volunteer and the organization.

Download

Virtual Assistant Contract

A U.S.-compliant legal agreement establishing the terms and conditions between a client and a virtual assistant, governing remote work arrangements and protecting both parties' interests.

Download

Venue Rental Agreement

A U.S.-compliant legal agreement governing the temporary rental of a venue or facility, establishing terms, conditions, and responsibilities between the venue owner and renter.

Download

Vendor Services Agreement

A U.S.-governed contract defining the terms and conditions for services provided by a vendor to a client.

Download

Vendor Contract

A legally binding agreement under U.S. law that governs the relationship between a vendor and purchaser, establishing terms for goods or services provision.

Download
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it