Ontario Rental Property Management Agreement

ON property managers, draw up a contract to manage a client's residential property with this Ontario Rental Property Management Agreement.

• The property manager is retained on an exclusive basis to rent, lease and manage the rental property.
• The management fee section contains provisions for either a percentage of total rents, or a fixed fee schedule based on the number of units. The fee for placing a tenant is one month's rent.
• The owner authorizes the property manager to collect rents, sign leases, issue late payment notices, undertake legal proceedings, purchase supplies, make repairs, obtain insurance, and pay all recurring bills on the property.
• The owner indemnifies the property manager against claims arising from managing the property.
• The property manager will make necessary tax filings for non-resident Canadian owners.
• Buy the form once, and it's yours to use as often as you require.

This Ontario Rental Property Management Agreement is fully editable and can be easily customized for your specific business needs.