The Agent And Landlord Agreement is essential for property owners seeking professional management of their real estate assets in the United States. This document is commonly used when property owners wish to delegate the day-to-day management of their rental properties to a professional agent or property management company. It covers crucial aspects such as property maintenance, tenant management, financial reporting, and legal compliance. The agreement must comply with both federal and state-specific real estate laws and typically includes detailed provisions for service scope, compensation, and termination conditions.
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1. Parties: Identification of the agent and landlord with full legal names and addresses
2. Background: Context of the agreement and relationship between parties
3. Definitions: Key terms used throughout the agreement
4. Scope of Services: Detailed description of agent's responsibilities and duties
5. Term and Termination: Duration of agreement and conditions for ending it
6. Compensation: Fee structure and payment terms
7. Obligations of Parties: Specific responsibilities of both agent and landlord
8. Representations and Warranties: Statements of fact and promises made by each party
9. Compliance with Laws: Obligations to comply with relevant federal, state, and local laws
10. General Provisions: Standard legal provisions including notices, amendments, and governing law
1. Insurance Requirements: Specific insurance coverage requirements for both parties
2. Exclusive Agency Provisions: Terms and conditions for exclusive representation rights
3. Property Maintenance Provisions: Detailed breakdown of maintenance responsibilities and procedures
4. Emergency Procedures: Protocols for handling emergency situations at the property
5. Marketing Services: Specific terms regarding property marketing and advertising
1. Schedule A - Property Details: Comprehensive list and description of properties covered by the agreement
2. Schedule B - Fee Schedule: Detailed breakdown of all fees, commissions, and payment structures
3. Schedule C - Service Level Agreement: Specific performance metrics and service standards
4. Appendix 1 - Required Forms: Collection of standard forms used in property management operations
5. Appendix 2 - Compliance Checklist: List of regulatory requirements and compliance procedures
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