This document outlines a property management agreement between an owner and agent. ("Broker"), agree as follows: 1.PMI residential property managers follow a proven process throughout the rental cycle, maximizing everything from marketability to rental price. Before you fill out your property management agreement, write your state at the top of the form. Step 1 – Write Effective Date. 1. A commercial property management agreement is a contract that spells out the relationship between the property owner and its manager. Please click here to download our FREE information packet regarding property management services. Please click here to be directed to our tenant portal. The Property Manager shall manage, operate and maintain the Project in a commercially reasonable manner for the tenants thereof. Ownership of Clark Nursing and Rehab Center in Union County.