Updated September 19, 2023
An Oregon property management agreement is a contract that is executed by a real estate broker and a property owner in which the broker agrees to manage the owner’s property. The document relays the terms of the agreement, including the type of compensation that the manager will receive, the authorities given to them, and the responsibilities of both the property manager and the owner. As a property manager, the broker will need to oversee the renting of the owner’s property to tenants and provide monthly accounting statements to the owner.
Laws
ORS 696.890 and 696.310
Requirements (§ 696.022, § 696.030, OAR 863-025-0020) – To be legally permitted to manage property, individuals must be licensed real estate brokers and operate under written agreements. However, this rule does not apply to property owners and their employees or attorneys-in-fact.
Verify a Property Manager – https://orea.elicense.irondata.com/
Sample Agreement (5)
Mainlander Property Management, Inc.
Download: PDF
Valley Investment Properties, Inc.
Download: PDF
Morris Hayden Property Management
Download: PDF
Download: PDF
Living Room Property Management
Download: PDF
Management Forms (4)
Download: PDF, MS Word, OpenDocument
Download: PDF, MS Word, OpenDocument
Download: PDF, MS Word, OpenDocument
Download: PDF, MS Word, OpenDocument