Use this Property Management Agreement to delegate an Agent the right to lease and manage your real estate property. Download this agreement today.A New York property management agreement outlines the terms and conditions of an arrangement between a property manager and a property owner. Manager shall execute all rental agreements as agent for the Owner. Residential Lease Agreement. THIS LEASE AGREEMENT (hereinafter referred to as the "Agreement") made and entered into this. Instructions for a property manager and property owner. This property management agreement can be used to set terms between a property owner and manager. Download our free property management agreement now. The Property Manager shall manage, operate and maintain the Project in a commercially reasonable manner for the tenants thereof.