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Iowa Property Management Agreement | Commercial & Residential

An Iowa property management agreement is a legal document that assigns rights to a property manager and allows them to perform real estate services on behalf of an owner. Common responsibilities of a property manager include drafting leases, paying property expenses, collecting security deposits, and terminating tenancies.
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Requirements – The fundamental duties of a property manager are legally classified as real estate activity. As a result, property managers must have a broker’s license in order to operate lawfully in Iowa. Some exceptions to this rule apply, such as when the property manager resides on the premises and is employed by the owner.[1][2]

Verify a Property ManagerIowa Professional Licensing