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West Virginia Property Management Agreement | Commercial & Residential

A West Virginia property management agreement is a document that outlines the obligations and responsibilities of a property manager hired by a real estate owner. This agreement lists the property manager's duties and tasks, the length of the arrangement, termination options, the owner's rights and responsibilities, and more.
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Laws

Requirements – Anyone engaged in acts related to property management is required to carry a broker’s license. In accordance with § 30-40-4(c)(1), managing property is included in the definition of a real estate broker. In addition, § 30-40-3 states that anyone carrying out real estate broker acts must first obtain a license.

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