Property Manager Employment Agreement Template

PROPERTY MANAGER EMPLOYMENT AGREEMENT TEMPLATE FAQ

What is a property manager employment agreement?

A Property Manager Employment Agreement is a contract between an employer (property owner, management company, or HOA) and a property manager hired as an employee. It defines job duties, compensation, benefits (if any), work schedule, reporting lines, and rules around confidentiality and conflicts of interest.

How is an employment agreement different from a property management agreement?

A property management agreement is a service contract between an owner/HOA and a management company. An employment agreement is for hiring an individual as an employee to do management work. This template is for the employment relationship.

What should be included?

Common sections include: job title and duties, properties managed, work hours and on-call expectations, pay and incentives, expense reimbursement, policies and compliance, confidentiality, use of company systems, performance standards, and termination.

Should this include licensing requirements?

If licensing is required in your jurisdiction (for leasing or brokerage activities), the agreement should require the employee to maintain required licenses. This template includes an optional licensing and compliance section.

Can a property manager receive commissions?

Sometimes property managers receive leasing commissions or performance bonuses. This template includes optional bonus/commission language.

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