A Dallas Texas Property Manager Agreement — Self-Employed Independent Contractor outlines the terms and conditions between a property owner or management company and a self-employed property manager in Dallas, Texas. This agreement establishes the relationship between the two parties and clearly defines the responsibilities, duties, and compensation for the property manager. In this agreement, the property manager is considered a self-employed independent contractor, which means they are not an employee but rather a separate business entity providing property management services on their own terms. The agreement typically includes the following key elements: 1. Parties involved: This section identifies the property owner or management company, known as the "Client," and the property manager, referred to as the "Contractor." 2. Scope of work: This section outlines the specific services the property manager will provide, such as tenant screening, property maintenance, rent collection, lease agreement management, and financial reporting. It may also include any restrictions on the property manager's activities or services they are not responsible for. 3. Term and termination: The agreement specifies the initial term of the contract and the circumstances under which either party can terminate the agreement. It may include provisions for notice periods, early termination fees, and any other conditions for ending the agreement. 4. Compensation: This section details how the property manager will be compensated for their services. It may include a fixed monthly fee, a percentage of collected rent, or a combination of both. Any additional fees or reimbursements, such as maintenance costs or marketing expenses, should also be outlined in this section. 5. Independent contractor status: The agreement emphasizes that the property manager is an independent contractor and not an employee of the client. It clarifies that the property manager is responsible for their own taxes, insurance, and compliance with any local or state regulations. 6. Confidentiality and non-disclosure: This section ensures that both parties maintain the confidentiality of sensitive information exchanged during the course of property management, including tenant records, financial statements, and property details. Types of Dallas Texas Property Manager Agreements — Self-Employed Independent Contractor: 1. Residential Property Manager Agreement: This type of agreement specifically caters to the management of residential properties, including single-family homes, townhouses, condos, and apartment complexes. 2. Commercial Property Manager Agreement: This agreement is tailored towards the management of commercial properties, such as office buildings, retail spaces, industrial warehouses, and mixed-use complexes. 3. Vacation Rental Property Manager Agreement: A vacation rental property manager agreement focuses on managing short-term rentals, often through platforms like Airbnb or VRB. It may include additional provisions related to booking management, guest screening, and cleaning services. In summary, a Dallas Texas Property Manager Agreement — Self-Employed Independent Contractor is a comprehensive legal document that governs the relationship between a property owner or management company and a self-employed property manager. It ensures that both parties are aware of their rights, obligations, and compensation arrangements, fostering a professional and efficient property management partnership.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.