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A New York property management agreement is established between a property manager and the owner of one or more properties. This overview details the role of a property manager, which includes oversight and maintenance tasks that can vary based on the owner's preferences. Some owners may want managers to handle all property-related activities, while others may wish to retain certain controls, such as utility payments. Typically, property managers are tasked with collecting rent and security deposits, filling vacancies, negotiating and renewing leases, enforcing lease terms, coordinating maintenance and repairs, managing lawn care and snow removal, and providing monthly and annual profit and loss reports, along with utility payments and evictions as needed.