Dive into our comprehensive guide on how to create a strong property management agreement. Discover essential clauses and tips.How to Write a Property Management Agreement? The property management agreement defines what types of property management tasks the manager will carry out and what type of compensation they will receive. A property management agreement is a contract between a property owner and the management firm. MANAGEMENT INFORMATION: Owner shall complete and return to Agent the Landlord's Property Information. Recommended lease forms. 2.1 Status of the Property Manager. The Property Owner and the Property Manager do not intend to form a joint venture, partnership or similar relationship. No. There is no standard property management agreement required.