Property Management

Which document establishes the ongoing relationship between a property owner and a property management company?

AListing agreement
BProperty management agreement✓ Correct
CLease agreement
DPurchase and sale agreement

Explanation

A property management agreement is the contract between the property owner and the management company that defines the scope of services, management fees, authority to act, and duration of the management relationship.

Related Connecticut Property Management Questions

Practice More Connecticut Real Estate Questions

1,500+ questions covering all exam topics. Start free — no signup required.

Take the Free Connecticut Quiz →