Fillable Form Wla 67-Property Management Agreement printable pdf download

PROPERTY MANAGEMENT AGREEMENT

This Agreement is made as of _____________________, 20___, by and between

______________________________________, herein referred to as "Owner", and

______________________________________, herein collectively referred as "Agent".

1. Cotract with Agent. The Owner hereby contracts with the Agent as the renting and management agent of the

Rental Property commonly known as:___________________________________________________________

____________________________________ Washington, 9____________.

Said Property is a: Single Family residence_________ Apartment Building of ________units

Duplex________

FourPlex _________

Other____________________________________

2. Renting Vacant Spaces. The Agent shall use all reasonable efforts to lease available space in the building to

desirable tenants. Rental forms, policy statements, and procedures shall be used as approved by Owner. Agent

may place newspaper advertising and post renting signs at Owner's expense. Owner reserves the right to

participate in rent-up activities. Agent shall be paid a rent-up fee of _____________________for each vacancy

filled for which Agent was the procuring cause. This rent-up fee shall be in addition to the monthly management

fee described below.

3. Collection of Rents. Agent shall be responsible for collection of monthly rental payments from the property’s

tenants as such amounts become due and shall deposit all such amounts into _____________________ (Bank)

account Number_____________________. This a Checking____, Savings____, account. Or mailed to Owner as

directed to: ____________________________________________________________________________

Collections of Security shall be held in trust for the tenant in an account: ___________________________(Bank)

Located in _______________________Washington. 9_____________

Said account is maintained by, Owner ____________ Agent ___________

4. Maintenance and Operation. The Agent is authorized and required, at the expense of Owner, to perform the

following activities and duties:

a) Purchase supplies as necessary. Any expenditures in excess of $_____________ requires owner

approval.

b) Establish and maintain complete and orderly files for each tenant containing correspondence, rent

records, rental agreements, and all other documents and papers pertaining to the tenancy and

management of the property.

c) Make /or make done ordinary repairs and alterations.

d) Make sure the exterior grounds, landscaping, and lighting fixtures are maintained in a clean and safe

operating state.

e) Respond to tenant complaints, inquiries, requests for maintenance, and notices of termination.

f) Perform all other services reasonably necessary for the care, protection, maintenance and operation of

the Property and the prevention of waste, damage or injury thereto.

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Washington Landlord Association

WLA 67

Form Wla 67-Property Management Agreement