Updated on May 8th, 2023
A Mississippi property management agreement is a legal document that contains the terms and conditions of a property manager’s work. It outlines the scope of the manager’s work and how the manager-owner relationship will operate. Details such as the manager’s payment terms, rights, and duties are covered by the agreement. The document ensures the property is managed per the owner’s guidelines and protects each party’s interests.
License Required? Yes, a real estate broker license is required to carry out any property management activities, although owners and their employees do not require one (§ 73-35-1, § 73-35-3(1)).
Verify a Manager – mrec.ms.gov