The Property Manager shall manage, operate and maintain the Project in a commercially reasonable manner for the tenants thereof. Manager agrees to collect all rents as they become due; to render to.How to Write a Property Management Agreement? View a sample lease contract with Rize Property Management. Understand terms and details for renting in Utah. A real estate management agreement is a legal contract that creates the relationship between the owner of the property and the manager of the property. A commercial property management agreement is a contract that spells out the relationship between the property owner and its manager. Landlord is the owner or manager of one or more rental dwellings located in Salt Lake City and identified in this. Agreement ("Property"). A Sales Agent or Broker license is required for any individual who, for another and for valuable consideration, engages in property management.