Wyoming Property Management Agreement | Commercial & Residential

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A Wyoming property management agreement is a written contract used to define the terms and conditions of a property management relationship. The parties (a property manager/management company and an owner of real estate) will negotiate the terms of the agreement so they are fair for both sides. The manager’s duties, such as renting/leasing, maintaining and repairing, advertising/marketing, will be outlined in the document and they will be bound to those obligations for the duration of the agreement. The owner will have certain responsibilities and obligations to uphold as well such as compensating the manager and ensuring they have everything they need to perform their services to the best of their ability.

Laws§ 33-28-102(b)(xlii)

Requirements – Property management, defined in § 33-28-102(b)(xlii), is considered a real estate activity (§ 33-28-102(b)(xlv)); therefore, in accordance with § 33-28-101, a property manager must be a licensed individual to perform the full scope of property management duties.

Verify a Property ManagerWyoming Real Estate Commission & Certified Appraiser Board

Sample Agreements

Wyoming Association of RealtorsAdobe PDF

Cheyenne Property Management Group, LLCAdobe PDF

Jackson Hole Real Estate Company, LLCAdobe PDF

Related Forms

(Video) Wyoming Property Management Agreement – EXPLAINED