An Alabama property management agreement is a contract between a real estate owner and an individual or company hired to manage the premises. These agreements establish the responsibilities of the manager (leasing, evicting, maintaining, repairing, etc.), the amount of compensation, the obligations of the owner, the length of the arrangement, and other key provisions.
An Alabama property management agreement is a contract between a real estate owner and an individual or company hired to manage the premises. These agreements establish the responsibilities of the manager (leasing, evicting, maintaining, repairing, etc.), the amount of compensation, the obligations of the owner, the length of the arrangement, and other key provisions.
License Required? Yes, a property manager must have a real estate broker license to manage property (§ 34-27-30).
Verify a Manager – www.arec.alabama.gov
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