I can certainly help you outline some general terms and conditions for a property management company. However, please note that these terms should be reviewed by legal professionals to ensure they are accurate and compliant with local laws and regulations. Here’s a basic template to get you started:

1. Services Provided:

The property management company 18 Steps Estates agrees to provide property management services, including but not limited to tenant screening, lease agreements, rent collection, maintenance coordination, and accounting.

2. Responsibilities:

The Company agrees to perform its duties diligently and in accordance with industry standards and applicable laws.

3. Owner’s Obligations:

The property owner (“Owner”) agrees to provide accurate and up-to-date information about the property and promptly inform the Company of any changes.

4. Fees and Compensation:

The Owner agrees to pay the Company a management fee, which shall be a percentage of the gross monthly rent or a fixed fee, as outlined in the agreement.

5. Lease Agreements:

The Company will prepare and execute lease agreements on behalf of the Owner, outlining terms and conditions for tenants.

6. Rent Collection:

The Company will collect rent from tenants and disburse net proceeds to the Owner after deducting management fees and expenses.

7. Maintenance and Repairs:

The Company will coordinate and oversee maintenance and repairs on the property, subject to a predetermined spending limit. Major repairs beyond this limit will require Owner approval.

8. Inspections:

The Company may conduct regular property inspections to ensure compliance with lease terms and proper maintenance.

9. Termination of Agreement:

Either party may terminate this agreement with written notice, subject to the terms outlined in the contract.

10. Compliance with Laws:

The Company agrees to manage the property in compliance with local, state, and federal laws, including fair housing and landlord-tenant regulations.

11. Indemnification:

The Owner agrees to indemnify and hold the Company harmless from any claims, liabilities, or damages arising from the property.

12. Confidentiality:

Both parties agree to maintain the confidentiality of sensitive information obtained during the course of the agreement.

13. Governing Law:

This agreement shall be governed by and construed in accordance with the laws of [Jurisdiction].

14. Entire Agreement:

This document constitutes the entire agreement between the parties and supersedes any prior agreements or understandings.

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