Commercial Management Agreement printable pdf download

All County Property Management

And Realty, Inc.

Exclusive Rental Management Agreement

5922 9

Avenue North St. Petersburg, Florida 33710

Ph: (727) 541-2578

Fax: (727) 302-9675

1. PARTIES: This agreement between ___________________________________, the owner or legally appointed

representative of the premises, hereafter called LANDLORD and All County Property Management & Realty, Inc.,

hereafter called the BROKER.

2: LANDLORD hereby employs BROKER, its agents, successors, and assigns, exclusively, giving BROKER the exclusive right

to rent, lease and manage LANDLORD’S property known as ___________________________________________________

____________________________________________________________ under the terms and conditions herein

set forth. BROKER agrees to accept the management of the property, to the extent, for the period, and upon the terms

herein provided and agrees to furnish the services of his organization for the renting, leasing, and management of the

property. LANDLORD invests with BROKER with full power and authority to do and perform all and every lawful act and

things necessary for the purposes of eviction and/or collection of rents and/or other monies due and any other lawful act

deemed necessary or prudent in BROKER’S judgment in regard to said property. BROKER may do so in the name of the

LANDLORD, in BROKER’S name alone, or in the names of both.

3. TERM: It is mutually agreed by and between the parties that this Management Agreement shall be binding upon the

parties successors, estate and assigns and shall remain in full force and effect until termination pursuant to the terms of

paragraph 9. The term shall begin on the ____ day of ______, 20

and will be in effect for one year and will

automatically renew for successive year periods at the anniversary date so long as there has not been at least a 30-day

written notice prior to the next term given by either party to terminate.

4. MANAGEMENT AUTHORITY AND BROKER RESPONSIBILITIES: LANDLORD expressly grants to BROKER the

following authority, powers and rights.

A. BROKER will use his best efforts to lease or rent with the following terms:

SECURITY DEPOSIT WILL BE COLLECTED BEFORE OCCUPANCY. Security Deposit shall be equal to monthly

rent or an amount agreed to by all parties. LAST MONTHS RENT MAY BE COLLECTED AT BROKERS

DISCRESTION. Any deviation from these terms must be agreed upon by all parties in writing. LANDLORD

agrees to hold BROKER harmless for any failure to secure tenant(s) for the LANDLORD, any cancellation by the

tenant(s), and/or failure to collect any rents or monies due from the Tenant for any reason.

B. Full management and control of the property with authority to collect all rent and other monies and securities

from Tenants in the property, and issue receipts for same.

C. To prepare and negotiate new leases and renewals of existing leases which BROKER is authorized to execute.

D. BROKER is granted by the LANDLORD the right to manage the property as the BROKER deems necessary, to

collect all rental and other funds that may be due to LANDLORD, to cooperate with other BROKER'S or assign

or sell the management account as BROKER may see fit, to require releases from all parties in the event of a

controversy before disbursing funds and to do all those things BROKER deems necessary for the efficient

management of the property with the exception of authority or responsibilities expressly retained by

LANDLORD in writing.

E. To change locks on the property between tenancies.

“For Rent”

F. To place

signs on the property unless prohibited by applicable bylaws or local ordinances

G. To screen and approve or disapprove prospective tenant(s).

H. To prepare and deliver default and other notices to tenant, Broker may hire an attorney to institute an eviction

law suit against tenant(s) when deemed appropriate by Broker. Court costs and attorney fees to evict

tenant(s) or otherwise will be paid by LANDLORD. LANDLORD agrees to hold BROKER harmless for litigation

costs and attorney fees. Any costs and fees may be paid by BROKER from any money held for LANDLORD by

BROKER.

I. In the event tenant(s) vacate voluntarily or involuntarily owing rent monies due under the terms of the lease or

any renewals, and, if these monies are collected in whole or part in the future, LANDLORD agrees that BROKER

is entitled to a commission on any monies received in the percentage as set forth below and agrees to remit

same to BROKER.

J. To have repairs made, to purchase necessary supplies, to provide for all negotiating and contractual

arrangements by suppliers or other independent contractors for all improvements, maintenance or repair

Commercial Management Agreement

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