A New Jersey property management agreement establishes a working arrangement where a manager gets paid to take over the real estate responsibilities of a property owner. The agreement outlines the manager’s services and fees, each party’s liabilities, and other essential details about taking care of and running the owner’s property.
A New Jersey property management agreement establishes a working arrangement where a manager gets paid to take over the real estate responsibilities of a property owner. The agreement outlines the manager’s services and fees, each party’s liabilities, and other essential details about taking care of and running the owner’s property.
Licensed Required? Yes, a property manager must have a real estate license in order to negotiate lease agreements, collect rent, sell property, or do other related property management activities (§ 45:15-1, § 45:15-3).
Verify a Manager – www-dobi.state.nj.us
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