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  • Property Management of the Lakeshore, INC.
    Offering Professional Rental Management

    101 W. Loomis St. • Suite 201 • Ludington, MI 49431
    Phone: 231-845-8544 Fax: 231-843-8845
    Email: manager@pmlakeshore.com


  • PROPERTY MANAGEMENT AGREEMENT – RESIDENTIAL PROPERTIES

  • This Agreement is made and entered into
  • Date Format: MM slash DD slash YYYY
  • between
  • hereby known as the "Owner(s)" whose home address is
  • and Property Management of the Lakeshore, Inc. whose business address is 101 W. Loomis St. Suite 201 Ludington, MI 49431, hereby known as the "Manager". Owner hereby employs Manager to manage, operate, control, rent, and lease Owner's properties located at (separate each with a semicolon;)
  • Property Manager Objectives

    1. To provide guidance to the Owner by analyzing the rental market so as to establish rents that are most profitable to the Owner while keeping vacancies to a minimum.
    2. To protect the value of the Owner’s property by assuring that the property’s physical condition is watched and properly maintained.
    3. To advise the Owner regarding procedures, laws and ordinances for rental properties and leases so as to protect the Owner from litigation and insure the civil rights of the Tenant.

    Responsibilities of Manager

    The Owner hereby appoints Manager as his lawful agent and attorney-in-fact with full authority to do any and all lawful things necessary for the fulfillment of the Agreement, including but not limited to the following:
    1. To collect all rents due and as they become due, giving receipts therefore; to render to the Owner a monthly, or for the contracted rental period if less than one month, accounting of rents received and expenses paid out; and to remit to the Owner all income, less any sums paid out.
    2. To make or cause to be made all cleaning, decorating, maintenance, alterations and repairs to said property and to hire and supervise all employees and other labor for the accomplishment of same.
    3. To market the property through advertising, mail, and displaying of signs thereon; to schedule rental time and advise Owner of such schedule; to rent and lease the property; to sign, renew and cancel rental agreements and leases for the property or any part thereof.
    4. To sue and recover for rent and for loss of or damage to any part of the property and/or furnishings thereof; and, when expedient, to compromise, settle and release any such legal proceedings or lawsuits.