A New York property management agreement outlines the terms and conditions of an arrangement between a property manager and a property owner. With this tool, owners and managers can:This report includes rent estimates, rental comps, and local metrics. A New York property management agreement is created between a property manager and the owner of one or multiple properties in the state. This blog will explore crucial areas to consider when reviewing a property management agreement. Before you fill out your property management agreement, write your state at the top of the form. Step 1 – Write Effective Date. 1. Every Real Property Management home owner client who signs a management agreement with us receives an online account. The form will specify the agreement length, payment terms, communication requirements, and the services the manager will provide. Laws. Out-of-state, designate a statutory agent who lives in Arizona to accept legal service on behalf of Owner.