DoorLoop provides you with three convenient options that cover those who want a prebuilt or customizable template for their property management agreements. LEGAL COMPLIANCE: The parties will comply with all obligations, duties, and responsibilities under the.In exchange for the portability of the reservations, Owner agrees to pay PAE ½ of the gross rental commission within 30 days of the conclusion of the rental. Owner desires to engage Manager to manage and operate that certain real property located in Travis County, Texas and known locally as "The Village at Riverside" The agreement specifies the property manager's duties, responsibilities, compensation, payment schedule, and contract term. What is a property management contract? The Texas Property Code controls the operation of a rental home in the state of Texas. In a consulting agreement, property managers provide advice and guidance to property owners, but they don't take an active role in management. Download our property management agreement template and tailor it to your specific commercial or residential property needs. This Property Management Agreement Template is designed for property owners and managers.