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Document Id : 5328
File Type : Microsoft Word
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Property Management Agreement for Vacation Properties
Do you manage vacation ⁄ time share properties on behalf of the owners of those properties? Easily create your Property Management Agreements with this ready-made MS Word template.
- Duties of the property manager include marketing the vacation property, obtaining renters, collecting rentals and other fees, distributing the proceeds, providing cleaning and laundry services, arranging for repairs and maintenance.
- Compensation will be a percentage commission, plus a monthly allowance for expenses, and actual costs of cleaning, repairs, etc.
- The property manager will pay the rental fees to the owner each month along with statements of income and expenses detailing revenues and expenses for that month.
- The owner will arrange his/her own occupancy of the vacation property with the manager well in advance.
- The property manager will be given a certain number of nights usage as promotional complementary nights each year.
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