Dive into our comprehensive guide on how to create a strong property management agreement. Discover essential clauses and tips.D. Property Inspections: Manager shall complete move in and move out inspections. A hotel management agreement is a legal agreement between the owner of a hotel property and the management company that sets terms for management. How to Write a Property Management Agreement? Before you fill out your property management agreement, write your state at the top of the form. This article will analyze those issues and discuss the pros and cons of negotiating a thirdparty management arrangement. Hire a manager or management company to run the operations of your hotel with this comprehensive Hotel Management Agreement. A Master Services Agreement or commonly referred to as an "MSA," is a contract that is prenegotiated with a hotel or hotel chain. At TCS Management, we have a lease agreement that's legally enforceable and legally compliant.