Hire a professional property management firm as an independent contractor to manage the operations of a shopping mall with this Commercial Property Management Agreement for Shopping Center. Duties of the property manager include:

• managing the common areas of the shopping center;
  
• rent collection, invoicing tenants and providing tenant services;
  
• enforcing performance by tenants of their lease obligations;
  
• preparing an annual operating budget;
  
• maintaining a fidelity bond, workers compensation, auto liability and excess liability insurance coverage;
  
• other services necessary to maintain and operate the shopping center.

The property manager will be paid a management fee, calculated as a percentage of all gross rents, but not less than a specified minimum amount.

This generic property management agreement in MS Word format, and is fully editable to fit your needs.