This section of the checklist is included to assist sponsors in clarifying and implementing policies and requirements for the management agreement contract. Streamline your business operations with our management services agreement template.Safeguard your interests and ensure a successful partnership. A California property management agreement authorizes a representative to manage real estate on behalf of a property owner. A management services agreement (MSA) is a contract that facilitates the business relationship between two business entities. A California property management agreement is used to hire a third party to perform landlord duties on behalf of a property owner. How to fill out the California Property Management Agreement 2017? 1. Review the agreement's terms thoroughly. 2. Many businesses hire an outside company to perform various management and administrative functions. A California property management agreement is used to hire a third party to perform landlord duties on behalf of a property owner.