A West Virginia property management agreement is a contract between a property owner and the manager put in charge to oversee their property. The document sets out the terms and conditions under which the manager will operate, including their duties, responsibilities, fees, payment, and duration of employment. Property management contracts often have a termination clause allowing either party to cancel the agreement with notice.
Laws
License Required? Yes. Only licensed brokers can manage real estate in West Virginia (§§ 30-40-3, 30-40-4).
Verify a Manager – rc.wv.gov