Property Manager Agreement - Michigan 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. For Article 1, specify how rents will be collected and outline any necessary payment procedures. This ensures clarity on financial responsibilities.
5. In Article 2, indicate any limits on repair costs that require Owner's consent. This protects both parties' interests regarding property maintenance.
6. Detail compensation arrangements for the Manager in Article 3, ensuring both parties agree on terms before signing.
7. Review termination conditions outlined in Article 4 carefully, as they dictate how either party can exit the agreement.
8. Complete notice addresses for both parties in Article 5 to ensure effective communication throughout the agreement's duration.
9. Finally, sign and date at the bottom of the document to make it legally binding. Ensure both parties have copies for their records.

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