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- Managing a rental property can be a hassle, especially if youre managing several properties. A good solution to this problem is to work with a property manager. A property manager will be responsible for dealing with prospective tenants, property maintenance, rent payments, and any other leasing activities or legal proceedings. Property owners who want to leave management to another individual must draft an Illinois property management agreement. Today well cover everything you need to know to ensure that you have a safe leasing experience throughout the entire agreement. (upbeat music) (bell ringing) Welcome back, everybody. Im Santiago with DoorLoop. Now before we get started, let me quickly remind you that I am not an attorney, so I cannot give you any legal advice or financial advice. And yes, I do work for DoorLoop, okay? Now that being said, lets get right into it. Property management agreement. To put it simply, an Illinois property management agreement is a document that