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Document Id : 7154

File Type : Microsoft Word

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Shopping Center Property Management Agreement

Hire a property to manage the operations of a shopping mall with this Shopping Center Property Management Agreement.

  • Independent Contractor. The property manager is retained as an independent contractor.
  • Duties. The property manager's duties include collecting the rent, invoicing tenants, providing services to tenants, enforcing performance of the tenants' lease obligations, and generally managing all aspects of the mall operations.
  • Budget. The property manager is responsible for preparing an annual operating budget for the shopping center.
  • Insurance. The property manager must maintain a fidelity bond, workers compensation, auto liability and excess liability insurance coverage.
  • Compensation. The property manager will be paid a management fee calculated as a percentage of all gross rents, but not to be less than a specified minimum amount.
This Shopping Center Property Management Agreement is available in MS Word format, and is fully customizable to fit your needs.

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