Alabama Property Management Agreement | Commercial & Residential

4.9 Stars | 8 Ratings

112 Downloads

Updated February 01, 2024

An Alabama property management agreement is used by an owner of real estate seeking to have someone else maintain and lease the property on their behalf. In Alabama, a property manager must be a licensed real estate agent to lease the premises and show them to prospective tenants.

The main duties of a property manager are to market the property and keep it occupied, with tenants paying the highest rental amounts possible while keeping the property in good condition.

Laws

Requirements (§ 34-27-2(14)(b)(7)) – A property manager is required to hold a real estate license if they are to rent the property on behalf of the owner.

Verify a Property Manager – www.arello.com