Dive into our comprehensive guide on how to create a strong property management agreement. The contract section should detail the location, address, size, and other pertinent information about the property.Efficiently delegate property management tasks with our property management agreement template. Articulate a property manager's responsibilities clearly. The Property Manager shall manage, operate and maintain the Project in a commercially reasonable manner for the tenants thereof. Before you fill out your property management agreement, write your state at the top of the form. Step 1 – Write Effective Date. 1. Existing tenants with leases signed prior to Management Agreement are covered after seven months. FAQs for Owners of Home rentals in Montgomery Co, MD. Rental property management company answers questions on services. The DHCA handbook is a guide to the rights and responsibilities of landlords and tenants.