Property Management Agreement Template – Canada

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The Property Management Agreement Template – Canada is offered in multiple formats, including PDF, Word, and Google Docs. These options are customizable and print-ready, ensuring they cater to your specific needs effortlessly.


Sample

Property Management Agreement Template – Canada

Editable – Printable



1. Parties Involved



2. Property Description

3. Purpose of the Agreement

4. Management Responsibilities

5. Compensation

6. Duration of Agreement

7. Termination Conditions

8. Confidentiality Obligations

9. Dispute Resolution

10. Governing Law

11. Signatures and Acceptance




PDF


WORD

Examples


Property Management Agreement Template – Canada (1)
Between:
[Property Owner’s Name]
[Property Owner’s Address]
[Property Owner’s Phone]
[Property Owner’s Email]
And:
[Property Management Company’s Name]
[Company Registration Number]
[Company Address]
[Company Phone]
[Company Email]
Introduction:
This Property Management Agreement (“Agreement”) outlines the terms and conditions under which [Property Management Company’s Name] will manage the property located at [Property Address] on behalf of [Property Owner’s Name], starting from [Start Date].
Clause 1: Responsibilities
The Property Management Company agrees to manage the property, including marketing, tenant placement, rent collection, and property maintenance according to the established industry standards.
Clause 2: Management Fee
The Property Owner agrees to pay the Property Management Company a management fee of [percentage]% of the gross monthly rental income collected, payable on the first of each month.
Clause 3: Maintenance and Repairs
The Property Management Company shall handle all maintenance and repairs necessary to keep the property in good condition. Costs exceeding [amount] will require prior approval from the Property Owner.
Clause 4: Term of Agreement
This Agreement shall commence on [Start Date] and continue for a period of [Duration], after which it may be renewed or terminated with [Notice Period].
Clause 5: Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the Province of [Province], Canada.
Signed in [City], [Date].
Sincerely,
[Property Owner’s Signature]
[Property Owner’s Name]
[Property Management Company’s Signature]
[Property Management Company’s Name]
Property Management Agreement Template – Canada (2)
Between:
[Property Owner’s Name]
[Property Owner’s Address]
[Property Owner’s Phone]
[Property Owner’s Email]
And:
[Property Management Company’s Name]
[Company Registration Number]
[Company Address]
[Company Phone]
[Company Email]
Introduction:
This Agreement governs the management of the property located at [Property Address], whereby [Property Management Company’s Name] will act as the property manager for [Property Owner’s Name], effective from [Start Date].
Clause 1: Scope of Services
The Property Management Company shall provide comprehensive management services, including but not limited to tenant acquisition, handling of tenant communications, and overseeing property upkeep.
Clause 2: Rent Collection
The Property Management Company is authorized to collect rent on behalf of the Property Owner and will provide a financial summary on a [monthly/quarterly] basis.
Clause 3: Insurance
The Property Owner must maintain adequate insurance coverage for the property, while the Property Management Company will ensure that all repairs and maintenance are conducted by certified professionals.
Clause 4: Termination Rights
Either party may terminate this Agreement by providing [Notice Period] written notice to the other party, subject to the completion of any pending obligations.
Clause 5: Dispute Resolution
In the event of a dispute arising under this Agreement, parties agree to resolve the matter through mediation before pursuing any legal action.
Signed in [City], [Date].
Sincerely,
[Property Owner’s Signature]
[Property Owner’s Name]
[Property Management Company’s Signature]
[Property Management Company’s Name]

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Property Management Agreement Template - Canada