What is a Commercial Property Management Agreement?

Quick Answer

A commercial property management agreement is a legally binding contract between a property owner and a management company. It outlines the roles, responsibilities, and fees involved in managing a commercial property, such as a retail store or office space. Such agreements are crucial for ensuring professional oversight of property operations, tenant relations, and maintenance. Consult with a Chartered Quantity Surveyor and legal advisor to tailor an agreement to your specific needs.