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A New York property management agreement is established between a property manager and a property owner. This agreement outlines the responsibilities of the property manager, which can vary based on client preferences. While some owners prefer comprehensive management, others want to retain control over certain aspects, such as utility payments. Common responsibilities of a property manager include collecting rent and security deposits, filling vacancies, negotiating and renewing leases, enforcing lease agreements, coordinating maintenance and repairs, managing lawn care and snow removal, providing monthly and annual profit and loss reports, handling utility payments, and carrying out evictions.