This Property Management Agreement (Self-Employed Independent Contractor) is between a property owner and a self-employed property manager who will operate and manage commercial or residential property. This management arrangement is useful for out-of-state or rental property owners or individuals who are unable to manage their own property. This management agreement sets out the specific services the self-employed property manager will perform, the owner's continuing responsibilities and the compensation the manager will receive. It is imperative that this business agreement be clearly set out in writing. A written Property Management Agreement for a Self-Employed Independent Contractor will prove invaluable in the event there are disagreements or miscommunications regarding the management of the owner's property.

This Property Management Agreement (Self-Employed Independent Contractor) contains the following provisions:

• Parties/Date: Sets forth the name and address of the property owner, property manager and the date the agreement is signed;
• Appointment/Owners Obligations: Property owner appoints manager as his/her sole and exclusive agent and agrees to provide the manager with the necessary tools in order to effectively manage the property;
• Authority of Broker: Sets out in specific detail the services the property manager will provide including management responsibilities, leasing authority, maintenance of accurate records and holding of security deposits;
• Broker Fees: Sets out in detail the fees the owner will pay to property manager including management, leasing, renewal or extension, service, administrative and reimbursement fees;
• Term and Termination: Sets out the specific commencement date and options under which either party may terminate this agreement;
• Expenses: Self-employed property manager agrees to bear all reasonable out-of-pocket expenses including attorney and other professional fees;
• Dispute Resolution: Any disputes under this agreement will be settled by the American Arbitration Association;
• Signature: Both property owner and property manager must sign the management agreement.

Protect yourself, your rights and your property by purchasing this attorney-prepared form.

This attorney-prepared package includes:

1. General Information
2. Instructions and Checklist
3. Property Management Agreement (Self-Employed Independent Contractor)

State Law Compliance: This form complies with the laws of all states