PROPERTY MANAGEMENT AGREEMENT - Morris （物业管理协议-莫里斯）.pdf

1 PROPERTY MANAGEMENT AGREEMENT This AGREEMENT is effective and entered into between hereinafter called OWNER, and Morris Hayden Properties, LLC, dba Morris Hayden Property Management, hereinafter called AGENT. Whereas the Owner owns real estate described and known as: hereby engages Agent to lease, manage, and operate the said property. Whereas the Agent is a duly licensed real estate principal broker and is authorized to collect rents, lease and manage real property. Whereas the parties have agreed with each other that the said Agent shall lease, manage and operate the said real estate, to collect the rents and do all the things necessary and pertinent to be done in connection with the operation of the said real estate. 1. TERM OF AGREEMENT: 1.1 The Owner appoints, retains and employs the Agent to act as the sole and exclusive manager and rental Agent of the above properties owned by the Owner, commencing on ____________________ until the property ownership changes. This agreement will remain in effect unless either Agent or Owner gives a written 30 day notice to terminate this agreement. 1.2 TERMINATION: 30-Day Notice Required. This Agreement may be terminated at any time by either party with a thirty (30) day written Notice of Termination. Owner agrees to pay Agent one half of one month’s rent for each unit managed if Owner terminates within the first 90 days of this Agreement. Notice of termination may be delivered to Agent at Agent’s address by delivering in person, by fax, by e-mail with confirmation or by regular First Class mail. Owner is required to provide written instruction upon termination regarding delivery of keys, security deposits, property information, tenant information and