Property Management Agreement New York (For Leasing)

An NY property management agreement (for leasing) establishes the terms under which a property manager oversees rental operations. It details responsibilities such as advertising vacancies, screening tenants, collecting rent and managing repairs. The agreement also defines compensation, liability and termination terms while ensuring compliance with New York’s rental laws. This document protects both the owner and the manager by setting clear expectations.

Property owners looking to delegate leasing and tenant management responsibilities to a professional property manager or firm should complete this agreement. It establishes the scope of services and ensures compliance with New York rental laws.

The agreement should be signed by both parties and retained for reference. If required by a real estate agency or legal professional, a copy may need to be submitted to the relevant entity.