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North Carolina Property Management Agreement

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Updated on May 8th, 2023

A North Carolina property management agreement is a document that establishes the relationship between a property owner and an individual or company hired to manage their real estate. This agreement states each service the manager is expected to provide, including all maintenance, administrative, and tenant-related responsibilities. It also outlines terms for the manager’s compensation. How the manager will get paid will vary depending on the contract, with some agreements giving them a percentage of the monthly rent and others providing fixed fees.