This PROPERTY MANAGEMENT AGREEMENT (this “Agreement”) is entered into as of the Effective Date, by and between Manager and Owner (both as defined below). In consideration of the mutual agreements contained herein, the undersigned parties hereto agree as follows. Please leave a message here and we will get back to you as soon as possible. In the meantime, many issues can be solved at support.landlordstation.com. The template above is a very basic form and may not reflect the laws of the state in which your property is located. It is likely that this will serve as a starting point and that additional provisions will need to added by you. Neither Manager nor any employee of Manager shall at any time fail to comply with the Federal Drug Free Workplace Act of 1988 or any regulations promulgated thereunder. This agreement shall be effective as of the and shall expire on the . Upon expiration of the above initial term, this agreement shall automatically be renewed and extended for a like period of time unless terminated in writing by either party by providing written notice days prior to the date for such renewal. Manager will provide a monthly accounting of all rent payments for Owner’s records. Disbursement to Owner will occur on or before each month, as long as tenants have fully paid rent.