- Protect your commercial property
- Prepared by solicitors
A Commercial Property Management Agreement is a contract in which an owner of property engages the services of a property management company or real estate agent to provide oversight and management of the owner’s commercial property.
A Commercial Property Management Agreement is needed when the owner is incapable or unwilling to assume the responsibility of managing what may very well be several parcels of commercial real estate. Often the owner lives in another state or country and cannot undertake the responsibilities inherent in managing commercial property.
Commercial property management companies are needed because they have up to date knowledge regarding the commercial rental market in the area and they are aware of the laws that may impact the rental of commercial property.
A Commercial Property Management Agreement should include the following:
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