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Property Manager Agreement - Utah 2026

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The document is a Property Management Agreement between an Owner and a Manager, outlining the terms for the management and operation of a specified property. It includes articles on rent collection, property maintenance, manager compensation, agreement term and termination conditions, notice requirements, applicable law, and severability. The agreement establishes the responsibilities of both parties to ensure effective property management.

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Click ‘Get Form’ to open the Property Manager Agreement - Utah in the editor.
Begin by filling in the names of the Owner and Manager at the top of the document. Ensure that both parties are clearly identified for legal purposes.
In the section describing the Property, provide a detailed legal description to avoid any ambiguity regarding what is being managed.
For Article 1, specify how rents will be collected and outline any necessary payment terms. This ensures clarity on financial responsibilities.
In Article 2, indicate how often inspections will occur and detail any repair limits requiring Owner consent. This promotes transparency in property maintenance.
Article 3 requires you to state the compensation structure for the Manager. Clearly define whether it’s a commission, salary, or other arrangements.
Review Article 4 carefully to understand termination conditions. Fill in any required notice periods and ensure both parties agree on these terms.
Complete Articles 5 through 7 by providing addresses for notices and confirming applicable laws. This finalizes your agreement's legal framework.

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What does a property management agreement typically include?

Put simply, this agreement defines the scope of services the property manager will provide, such as tenant sourcing, rent collection, maintenance, and more. Property management agreements typically outline compensation, including management fees and any additional costs.

What does a property management agreement normally include?

Normally, a property management agreement will include the terms and conditions of your business relationship with a company or manager. It formally puts into writing things like how long the contract will last, how much you should pay the company every month, what services you are entitled to, etc.

What is included in the management fee of a property?

Day-to-Day Management Expenses For the actual management of your property, theres the monthly management fee, which includes property inspection and maintenance, handling emergency maintenance, collecting rent payments, and other day-to-day tasks.

What percent do most property management companies take?

In Utah, property managers need a real estate brokers license to handle business operations legally. A property management license is necessary for tasks like advertising real estate for lease and procuring prospective tenants.

Which of the following is typically included in a management agreement?

Final answer: In a management agreement between a property manager and an owner, elements such as terms and conditions, responsibilities and obligations of the manager, compensation and payment terms, and termination clauses are typically included.

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Do property managers need to be licensed in Utah?

To operate as a property manager in Utah, you must first get a real estate license. This procedure entails finishing a 120-hour pre-licensing course from an approved real estate school, which includes topics such as real estate law, property management, finance, and ethics.

Which would you expect in a property management contract?

Scope of services: Clearly outline the range of services to be provided by the property management company, including property maintenance, financial management, administrative support, and resident communication. Term and termination: Specify the duration of the contract and the terms for termination or renewal.