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. In this comprehensive guide, we'll delve into the key aspects of agreements, their types, essential components, and best practices.Arrange for utility services and other services to and for Premises, as provided in the PMIF. MANAGEMENT. Owner appoints Agent as Owner's exclusive agent to manage and lease the Premises, on behalf of Owner, and. How do I fill this out? This Property Management Agreement ("Agreement") is made on. A Virginia property management agreement is used to hire a professional manager or company to oversee a residential property for its owner. Virginia LLC Operating Agreement lists owners of your LLC. Download this free Operating Agreement template to start your business. This document outlines an agreement between an owner and agent for the agent to manage and rent out the owner's residential property.