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Property Manager Agreement

1. Parties This Agreement is between ____________________, Owner of residential real property at ____________________ and ____________________, Manager of the property. Manager will be renting unit ______ of the property under a separate written rental agreement that is in no way contingent upon or related to this agreement. 2. Beginning Date Manager will begin work on ____________________. 3. Responsibilities Manager's duties are set forth below: RENTING UNITS ___ answer phone inquiries about vacancies ___ show vacant units ___ accept rental applications ___ select tenants ___ accept initial rents and deposits ___ other (specify) ____________________ VACANT APARTMENTS ___ inspect unit when tenant moves in ___ inspect unit when tenant moves out ___ clean unit after tenant moves out, including: ___ floors, carpets and rugs ___ walls, baseboards, ceilings, lights and built-in shelves ___ kitchen cabinets, countertops, sinks, stove, oven and refrigerator ___ bathtubs, showers, toilets and plumbing fixtures ___ doors, windows, window coverings and mini-blinds ___ other (specify) _________________________________ RENT COLLECTION ___ collect rents when due ___ sign rent receipts ___ maintain rent-collection records ___ collect late rents and charges ___ inform Owner of late rents ___ prepare late rent notices ___ serve late rent notices on tenants ___ serve rent increase and tenancy termination notices ___ deposit rent collections in bank ___ other (specify) _________________________________ MAINTENANCE ___ vacuum and clean hallways and entry ways ___ replace light bulbs in common areas ___ drain water heaters ___ clean stairs, decks, patios, facade and sidewalks ___ clean garage oils on pavement ___ mow lawns ___ rake leaves ___ trim bushes ___ clean up garbage and debris on grounds ___ shovel snow from sidewalks and driveways or arrange for snow removal ___ other (specify) _________________________________ REPAIRS ___ accept tenant complaints and repair requests ___ inform Owner of maintenance and repair needs ___ maintain written log of tenant complaints ___ handle routine maintenance and repairs, including: ___ plumbing stoppages ___ garbage disposal stoppages/repairs ___ faucet leaks/washer replacement ___ toilet tank repairs ___ toilet seat replacement ___ stove burner repair/replacement ___ stove hinges/knobs replacement ___ dishwasher repair ___ light switch and outlet repair/replacement ___ heater thermostat repair ___ window repair/replacement ___ painting (interior) ___ painting (exterior) ___ replacement of key ___ other (specify) _________________________________ OTHER RESPONSIBILITIES

4. Hours and Schedule Manager will be available to tenants during the following days and times: ____________________. If the hours required to carry out any duties may reasonably be expected to exceed ________ hours in any week, Manager shall notify Owner and obtain Owner's consent before working such extra hours, except in the event of an emergency. Extra hours worked due to an emergency must be reported to Owner within 24 hours. 5. Payment Terms a. Manager will be paid: ___ $____________ per hour ___ $____________ per week ___ $____________ per month ___ Other: ____________ b. Manager will be paid on the specified intervals and dates: ___ Once a week on every ____________ ___ Twice a month on ____________ ___ Once a month on ____________ ___ Other: ____________ 6. Ending the Manager's Employment Owner may terminate Manager's employment at any time, and Manager may quit at any time. 7. Additional Agreements and Amendments a. Owner and Manager additionally agree that: ___________________________________________________________. b. All agreements between Owner and Manager relating to the work specified in this Agreement are incorporated in this Agreement. Any modification to the Agreement must be in writing and signed by both parties. 8. Place of Execution Signed at: City ____________________________ State ____________

Date ____________ Owner _____________________________ Date ____________ Manager ___________________________