How to Write a Property Management Agreement? Before you fill out your property management agreement, write your state at the top of the form.The broker agrees to manage the renting and maintenance of the owner's real estate in exchange for a commission or for a flat rate. At the end of the tenants lease, the owner is responsible for the interest due on the security deposit in accordance with Pennsylvania Real Property Code. The Property Manager shall manage, operate and maintain the Project in a commercially reasonable manner for the tenants thereof. Edit, sign, and share Property Manager Agreement - Pennsylvania online. No need to install software, just go to DocHub, and sign up instantly and for free. Get a free Pennsylvania LLC Operating Agreement (Word, PDF, or Google Doc) to customize for your LLC. List LLC Members, tax info, and more. Dive into our comprehensive guide on how to create a strong property management agreement.