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A property management agreement outlines the responsibilities between a property manager and the property owner in Maine. Property managers oversee and maintain properties, with duties varying based on client needs. Some owners prefer full management, while others want to retain control over aspects like utility payments. Key responsibilities of property managers 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, preparing profit and loss reports, handling utility payments, and managing evictions, along with any additional tasks requested by the owner.
