Fees Structure: Detail the fees associated with the management services, specifying whether it's a flat monthly fee or a percentage of the rental income. Dive into our comprehensive guide on how to create a strong property management agreement.Discover essential clauses and tips. All late fees shall be paid to. Manager. Draw from the management account to pay all compensation due to Broker under this Agreement (see Broker Fees paragraph). This program will discuss the essential elements of fee agreements so that attorneys and law firms can avoid the common mistakes that lead to disputes. The owner agrees to fill out Internal Revenue Service form W9 for the Broker. 16. The Property Manager shall manage, operate and maintain the Project in a commercially reasonable manner for the tenants thereof. View the forms library. Get a free Pennsylvania LLC Operating Agreement (Word, PDF, or Google Doc) to customize for your LLC.