(ii) Lease or rent the Property, including negotiating for and entering into leases on behalf of Owner, for terms not in excess of: 38. Let's go over how to fill out the Arizona Association of Realtors residential lease agreement!An Arizona property management agreement is a contract between a landlord and a manager hired to maintain and run the real estate. Common responsibilities granted in these agreements include collecting rent, managing tenants, making repairs, and marketing vacancies. When this rental lease document is used, the landlord and the original tenant are fully involved in the tenancy. Check out our comprehensive list of rental forms and templates for both landlord and tenant use. Includes lease agreements and more. A commercial property management agreement is a contract that spells out the relationship between the property owner and its manager. Common responsibilities granted in these agreements include collecting rent, managing tenants, making repairs, and marketing vacancies. Resident Qualifications.