eForms Logo

Georgia Property Management Agreement | Commercial & Residential

A Georgia property management agreement is a real estate contract that authorizes a representative, be it an individual or company, to manage property on behalf of its owner. The contract outlines the manager's duties and obligations, compensation, and more.
4.9 Stars | 24 Ratings
Downloads: 292

Laws

Requirements – Most real estate services relating to property management may only be performed by individuals who are licensed with the Georgia Real Estate Commission. For example, a broker’s license is required to lease, collect rent, or maintain property for another in exchange for a fee or commission.

Certain exemptions to this rule apply, however. Georgia statute § 43-40-29 states that a license is not needed if the manager is a full-time employee of the owner or an employee of a licensed broker who has a written management agreement with the owner.

Verify a Property ManagerGeorgia Real Estate Commission

Video