Updated May 05, 2022
A Mississippi property management agreement is a type of legal document that property owners use to engage the services of a property manager. The manager will have several duties to perform regarding the owner’s property, including advertising, renting, overseeing property maintenance, paying expenses, and serving termination notices on tenants when necessary. The owner, or their representative, will pay the property management fees for their services and, in most cases, a percentage of the rental income.
Requirements (§ 73-35-3(1)) – Anyone who lists, rents, or manages real estate for a fee must be a licensed broker (unless they are the owner or a direct employee of the owner).
Verify a Property Manager – http://www.mrec.ms.gov/
Sample Agreement
Mississippi Realtors – Adobe PDF
Summit Management Services, LLC – Adobe PDF
Related Forms
- Mississippi Eviction Notices
- Mississippi Lease Agreements
- Mississippi Listing Agreements
- Mississippi Purchase Agreements