The example property management agreement below details an agreement between the owner, 'Dallas S Phillips', and the agent, 'Donald M Sammons. For management services performed hereunder, Owner shall compensate Agent in the following manner: A fee ("Fee") equal to (complete all that apply):. (i).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. Use this Property Management Agreement to delegate an Agent the right to lease and manage your real estate property. Download this agreement today. A commercial property management agreement is a contract that spells out the relationship between the property owner and its manager. A 277acre signature park in the heart of Dallas. • Largest collection of art deco buildings in United States. A 277acre signature park in the heart of Dallas. • Largest collection of art deco buildings in United States.