After the initial term of this Agreement, the basic compensation to be paid shall be the amount established in the approved Management Agreement Addendum (MSHDA. Before you fill out your property management agreement, write your state at the top of the form.Step 1 – Write Effective Date. 1. The first make ready inspection and list of what needs to be done comes at no charge to the Owner. A Michigan property management agreement is used to hire a property manager and define how they'll carry out their job. A Michigan property management agreement is created between a property manager and the owner of one or multiple properties in the state. Next, input the address of the premises to be managed. Edit, sign, and share Property Manager Agreement - Michigan online. No need to install software, just go to DocHub, and sign up instantly and for free. Edit, sign, and share Property Manager Agreement - Michigan online.