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It defines the agreement term, renewal or termination options, the notice requirements, and the agent’s authority to create rental agreements and determine rent structure. The document also covers security deposit handling, payment distributions to the owner, agent compensation options, sales representation limits, lockbox authorization, and certified mail notice procedures, ending with signature blocks.",{"@graph":63,"@context":119},[64,80,102],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":36,"@type":70,"position":76},"https://docshare.wps.com/template/forms/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/simple-property-management-agreement-exclusive-leasing-and-management-terms/177764/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/simple-property-management-agreement-exclusive-leasing-and-management-terms/177764.png","ImageObject",442,249,{"name":88,"@type":89},"Cipher","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/vnd.openxmlformats-officedocument.wordprocessingml.document","2026-10-23","2026-09-02",true,{"@type":98,"interactionType":99,"userInteractionCount":101},"InteractionCounter",{"@type":100},"ViewAction",8,{"@type":103,"mainEntity":104},"FAQPage",[105,111,115],{"name":106,"@type":107,"acceptedAnswer":108},"What does the owner appoint the agent to do in this agreement?","Question",{"text":109,"@type":110},"The owner grants the agent the exclusive right to rent, lease, operate, and manage the listed properties and to handle related rental arrangements as specified in the agreement.","Answer",{"name":112,"@type":107,"acceptedAnswer":113},"How is the agreement term set, and what happens after it expires?",{"text":114,"@type":110},"The term is for a fixed number of months starting and ending on the stated dates. After expiration, the agreement can terminate or continue month-to-month if both parties choose, with either party able to terminate on thirty (30) days’ notice.",{"name":116,"@type":107,"acceptedAnswer":117},"How are security deposits and owner distributions handled?",{"text":118,"@type":110},"The agent is authorized to collect security deposits, with the return responsibility assigned to either the agent or the owner based on the selected option. Owner distributions may be made with each timely tenant payment or on a percentage/amount schedule tied to weeks or taxable quarter timing, and any unpaid amounts remain held for related fees or items and are distributed upon termination.","https://schema.org",{"og:url":78,"og:type":121,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":123,"canonical":78},"index,follow",{"doc_id":125,"site_id":56},177764,1788329111,{"code":4,"msg":5,"data":128},{"doc_id":125,"user_id":129,"nickname":88,"user_avatar":130,"doc_module":9,"category_id":35,"category_name":36,"doc_title":59,"doc_description":61,"doc_content":131,"file_id":132,"file_url":133,"file_type":134,"file_size":135,"view_count":101,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":79,"language":136,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":137,"faqs":138,"seo_title":139,"seo_description":61,"update_tm":126,"read_time":73},687208528416,"https://ap-avatar.wpscdn.com/davatar_9964176cb1d06d4a9deccf72a44ae3dc","SIMPLE PROPERTY MANAGEMENT AGREEMENT\nTHE PARTIES. This Simple Property Management Agreement (“Agreement”) made this \u0013 FORMTEXT \u0014[DATE]\u0015, by and between:\nOwner: \u0013 FORMTEXT \u0014[OWNER'S NAME]\u0015, with a mailing address of \u0013 FORMTEXT \u0014[ADDRESS]\u0015 (“Owner”), and\nProperty Manager: \u0013 FORMTEXT \u0014[PROPERTY MANAGER'S NAME]\u0015, with a mailing address of \u0013 FORMTEXT \u0014[ADDRESS]\u0015 (“Agent”).\nThe Owner and Agent shall be referred to as the “Parties” and agree to the following:\nAPPOINTMENT OF AGENT. The Owner hereby appoints the Agent the exclusive right to rent, lease, operate, and manage the following properties: (check one)\n1st Property\nType: \u0003☐\u0004 Commercial \u0003☐\u0004 Residential\nProperty Address: \u0013 FORMTEXT \u0014[ADDRESS]\u0015\nDescription: \u0013 FORMTEXT \u0014[DESCRIPTION]\u0015\n2nd Property\nType: \u0003☐\u0004 Commercial \u0003☐\u0004 Residential\nProperty Address: \u0013 FORMTEXT \u0014[ADDRESS]\u0015\nDescription: \u0013 FORMTEXT \u0014[DESCRIPTION]\u0015\n3rd Property\nType: \u0003☐\u0004 Commercial \u0003☐\u0004 Residential\nProperty Address: \u0013 FORMTEXT \u0014[ADDRESS]\u0015\nDescription: \u0013 FORMTEXT \u0014[DESCRIPTION]\u0015\nHereinafter known as the “Property”.\nTERM. This Agreement shall be for a term of \u0013 FORMTEXT \u0014[#]\u0015 months beginning \u0013 FORMTEXT \u0014[DATE]\u0015, and ending \u0013 FORMTEXT \u0014[DATE]\u0015 (“Term”).\nAfter the Term expires, this Agreement shall: (check one)\n\u0003☐\u0004 - Terminate.\n\u0003☐\u0004 - Continue on a month-to-month basis with either Party having the option to terminate with thirty (30) days’ notice.\nRIGHT TO TERMINATE. During the Term of this Agreement, either Party: (check one)\n\u0003☐\u0004 - May terminate this Agreement by providing at least \u0013 FORMTEXT \u0014[#]\u0015 days’ notice.\n\u0003☐\u0004 - May NOT terminate this Agreement and both Parties must satisfy the terms and conditions of this Agreement until the expiration of the Term.\nRIGHT TO LEASE. The Owner hereby grants the Agent power to create rental agreements related to the Property: (check all that apply)\n\u0003☐\u0004 - For fixed-term arrangements not exceeding \u0013 FORMTEXT \u0014[#]\u0015 months.\n\u0003☐\u0004 - For month-to-month rental arrangements in accordance with Governing Law.\n\u0003☐\u0004 - For vacation rentals\n\u0003☐\u0004 - Other. \u0013 FORMTEXT \u0014[OTHER]\u0015\nRENTAL AMOUNT. The Owner hereby grants the Agent power to create rental agreements related to the Property for: (check one)\n\u0003☐\u0004 - Market rent.\n\u0003☐\u0004 - A rate no lower than $\u0013 FORMTEXT \u0014[AMOUNT]\u0015 per \u0003☐\u0004 month \u0003☐\u0004 year.\n\u0003☐\u0004 - Other. \u0013 FORMTEXT \u0014[OTHER]\u0015\nSECURITY DEPOSITS. The Owner hereby grants the Agent power to collect security deposits from the tenants on the Property. Returning said security deposit shall be the responsibility of the: (check one)\n\u0003☐\u0004 - Agent.\n\u0003☐\u0004 - Owner.\nDISTRIBUTION TO OWNER. The Parties agree that the Agent shall make the following distributions to the Owner: (check one)\n\u0003☐\u0004 - With each payment made by a tenant of the Property on a timely basis.\n\u0003☐\u0004 - \u0013 FORMTEXT \u0014[#]\u0015% of payments collected to be paid each \u0003☐\u0004 week \u0003☐\u0004 month with the full balance owed five (5) days before the end of each taxable quarter.\n\u0003☐\u0004 - $\u0013 FORMTEXT \u0014[AMOUNT]\u0015 to be paid each \u0003☐\u0004 week \u0003☐\u0004 month with the full balance owed five (5) days before the end of each taxable quarter.\n\u0003☐\u0004 - To be paid-in-full five (5) business days before the end of each taxable quarter.\n\u0003☐\u0004 - Other. \u0013 FORMTEXT \u0014[OTHER]\u0015\nAny unpaid amount from the Agent to the Owner shall be held by the Agent and designated for other fees, expenses, distributions, or other items related to the Property. Any such remaining amounts shall be distributed to the Owner upon the termination of this Agreement.\nAGENT’S COMPENSATION. The Owner agrees to pay the Agent the following fees indicated below for the services and provided: (check all that apply)\n\u0003☐\u0004 - Management Fee. \u0013 FORMTEXT \u0014[DESCRIBE FEES]\u0015\n\u0003☐\u0004 - New Lease. \u0013 FORMTEXT \u0014[DESCRIBE FEES]\u0015\n\u0003☐\u0004 - Renewal of Lease. \u0013 FORMTEXT \u0014[DESCRIBE FEES]\u0015\n\u0003☐\u0004 - Eviction. \u0013 FORMTEXT \u0014[DESCRIBE FEES]\u0015\n\u0003☐\u0004 - Preparing the Property for Leasing. \u0013 FORMTEXT \u0014[DESCRIBE FEES]\u0015\n\u0003☐\u0004 - Other. \u0013 FORMTEXT \u0014[DESCRIBE FEES]\u0015\nSALE OF THE PREMISES. In the event the Property is marketed to be sold by the Owner during the Term of this Agreement, the Agent: (check ","cbCaivaP4mMndVQR","https://ap.wps.com/l/cbCaivaP4mMndVQR","docx",67274,"English","# Appointment of Agent\n# Term and Termination Options\n# Right to Lease and Rental Amount\n# Security Deposits and Distributions\n# Agent’s Compensation and Property Sale\n# Key-Safe/Lockbox and Notices","[{\"question\":\"What does the owner appoint the agent to do in this agreement?\",\"answer\":\"The owner grants the agent the exclusive right to rent, lease, operate, and manage the listed properties and to handle related rental arrangements as specified in the agreement.\"},{\"question\":\"How is the agreement term set, and what happens after it expires?\",\"answer\":\"The term is for a fixed number of months starting and ending on the stated dates. After expiration, the agreement can terminate or continue month-to-month if both parties choose, with either party able to terminate on thirty (30) days’ notice.\"},{\"question\":\"How are security deposits and owner distributions handled?\",\"answer\":\"The agent is authorized to collect security deposits, with the return responsibility assigned to either the agent or the owner based on the selected option. Owner distributions may be made with each timely tenant payment or on a percentage/amount schedule tied to weeks or taxable quarter timing, and any unpaid amounts remain held for related fees or items and are distributed upon termination.\"}]","Simple Property Management Agreement - Exclusive Leasing and Management Terms | DOCX"]