Free Missouri Property Management Agreement
A contract between a property owner and a property manager outlining management duties, fees, authority, and responsibilities for a rental property. Compliant with Mo. Rev. Stat. § 441.005 et seq..
What's Included in Your Property Management Agreement
10 key sections — state-compliant for Missouri
What's Included in Your Property Management Agreement
10 key sections — state-compliant for Missouri
Free Missouri Property Management Agreement
Hiring a property manager in Missouri? Our free agreement template clearly defines duties, fees, authority, and responsibilities — protecting both the property owner and manager.
What a Property Management Agreement Covers
- Management fees — Monthly percentage and placement fees
- Scope of duties — Rent collection, maintenance, tenant screening
- Spending authority — Limits on maintenance expenditures
- Legal compliance — Adherence to Mo. Rev. Stat. § 441.005 et seq.
- Termination terms — How to end the relationship
Missouri Property Management Requirements
Under Missouri law:
- Security deposits: 2 months rent limit, return within 30 days
- Required disclosures: 2 items
- Lease termination notice: 30 days for month-to-month
Frequently Asked Questions: Missouri Property Management Agreement
What is a typical property management fee in Missouri?
Property management fees in Missouri typically range from 8-12% of monthly rent collected. Additional fees may include lease-up/placement fees (50-100% of first month's rent) and maintenance markups.
Does a property manager need a license in Missouri?
Most states require property managers to hold a real estate broker's license or work under one. Check Missouri's specific real estate licensing requirements with the state real estate commission.
Can I terminate a property management agreement?
Yes, our template includes a 30-day termination clause. Most property management agreements in Missouri allow either party to terminate with written notice, though some may include early termination fees.
Is this property management agreement free?
Yes, 100% free. Generate your Missouri-compliant property management agreement and download the PDF. No account needed.