Property Manager Agreement - Tennessee 2026

1. Click ‘Get Form’ to open the Property Manager Agreement in the editor.
2. Begin by filling in the names of the Owner and Manager at the top of the document. Ensure accuracy as these details are crucial for legal purposes.
3. In the section describing the Property, provide a detailed legal description to avoid any ambiguity regarding what is being managed.
4. Proceed to Article 1, where you will specify how rents will be collected. Fill in any necessary details about payment timelines and responsibilities.
5. In Article 2, outline maintenance responsibilities. Specify any limits on expenditures for improvements that require prior consent from the Owner.
6. Article 3 requires you to state the compensation structure for the Manager. Clearly define whether it’s a commission, salary, or other arrangements.
7. For Article 4, indicate the term of agreement and conditions for termination. Make sure both parties understand their rights regarding notice periods.
8. Complete Articles 5 through 7 by providing addresses for both parties and ensuring all legal stipulations are met.
9. Finally, sign and date the agreement at the bottom to make it effective. Ensure both parties have copies for their records.

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