Condominium Rental Management Agreement

Hire a rental agent to manage a rental pool of condo units under this Condominium Rental Management Agreement template.

• The Agreement is between a group of condo owners and a property manager.
• The owners who are renting their units establish a rental pool and a repair and maintenance pool to allow the owners to share the expenses equally among the units being rented.
• The rental agent's responsibilities include collecting rent, executing and terminating leases or tenancy agreements, ensuring that tenants fulfill their obligations, and advertising and marketing units as they become vacant.
• Each owner is responsible for their own mortgage payments, taxes, rental expenses, and other costs associated with their unit.
• You can download the Condominium Rental Management Agreement immediately after purchasing it.