Before you fill out your property management agreement, write your state at the top of the form. Step 1 – Write Effective Date. 1.Dive into our comprehensive guide on how to create a strong property management agreement. Massachusetts Property Management Agreement ✓ easily fill out and sign forms in a minutes with PDFLiner ✓ download blank or editable online. 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. Owner appoints Agent to exclusively manage the property located at 2139. Randolph Street, Bolton, MA 01740 (the "Premises"). The following new and updated forms have been sent to the forms providers. Please note it could take several days for the new forms to populate. 2.1 Status of the Property Manager.