Property Manager Agreement - New Mexico 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 form. Ensure that both parties are clearly identified 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 outline how rents will be collected. Specify any necessary details about payment timelines and responsibilities.
5. In Article 2, indicate how often inspections will occur and detail any limits on repairs that require prior consent from the Owner.
6. For Article 3, clearly state the compensation structure for the Manager, including any commissions or bonuses.
7. Complete Article 4 by defining the term of agreement and conditions under which either party may terminate it.
8. Fill in Articles 5 through 7 with relevant addresses for notices and ensure compliance with applicable laws as stated.
9. Finally, sign and date the agreement at the bottom to make it effective. Both parties should retain a copy for their records.

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