This Management Agreement is entered into on _________________ Between XXX
Property Management Company (hereinafter referred to as the “Company”) and
________________ (hereinafter referred to as the “client”) together herein referred
to as “parties.”
1. Appointment.
The Company appoints the Management company, XXX LLC,(“manager”) to manage the client’s unit subject to the terms of this Agreement,
engage others to manage all of the Company’s undertaking, affairs, and assets, and
provide all necessary or advisable administrative services and facilities as herein set
The client accepts the Manager’s appointment and agrees to act in such capacity
and provide or cause to be offered such management and administrative services
and facilities upon the terms outlined in this Agreement.
2. Term.
This Agreement shall be in force and binding upon the parties from the effective date
_____________ for a duration of ____________ unless otherwise terminated in
accordance with the clause herein.
3. Services.
i. Management duties
ii. Cleaning
4. Compensation.
In providing the management and administrative services stated above by the
Manager, the company shall be entitled to 15% gross income.
5. Records And Reports.
The Manager shall keep up-to-date and proper books of account and records
relating to the services provided herein.
The books of account and all records shall be accessible for inspection by the
Company and the client during regular business hours.
6. Confidentiality.
The company manager and client shall treat all and not be limited to information or
data from the Company with any third parties without the prior written consent of the
other parties’ failure.
7. Relationship.

The Company and the client shall not be identified as partners or having a joint
venture, and nothing shall be construed to place them as such but as independent
contractors. However, this shall not be construed to prohibit the Company, the
Manager, and their respective affiliates from investing together as partners, joint
venture, or whatever.
8. Governing Law.
This Agreement shall be governed and construed in accordance with the laws of the
state of Texas.
9. Termination.
This Agreement shall continue/remain in full force until otherwise terminated by
either party by issuing a 90-days written notice to the other party. Failure of which a
reletting fee of $1500 will be due.
10. Dispute/Conflict Resolution.
In case of any dispute or conflict that may arise in connection with the performance
of the obligations under this Agreement and the terms herein, the same shall be
referred to Mediation, where the parties herein will participate in good faith to resolve
the matter.
11. Assignment.
The Manager shall not assign its duties and obligations under this Agreement to any
third party except by consent of the Company. The Manager may assign its rights
and obligations to any of its licensed affiliates or successors performing similar
12. Severability.
Suppose any provision of this Agreement is deemed invalid and unenforceable. In
that case, the same shall be severed from the entire Agreement, and the remaining
provisions shall continue to be enforced as they were not affected.
13. Waiver.
The failure of any party herein from exercising any remedy due to a default thereof
shall not operate as a waiver of the said right. It shall not preclude the party from any
future or subsequent remedy.

14. Amendment.

The terms and provisions may only be modified or changed by a signed written
instrument between the parties herein without the involvement of any affiliates or
15. Successors.
This Agreement shall ensure the benefit of and binding upon the parties herein and
their respective successors and assigns.
16. Entire Agreement.
This Agreement constitutes the agreement between the parties and supersedes any
prior negotiations, promises, or contracts, whether written or oral.
IN WITNESS WHEREOF, the parties have signed this Management Agreement on
the date herein; –
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