Virginia Property Management Agreement

B. Except in the property management contract, a licensee responsible for managing real estate does not violate any obligation or obligation to the owner by representing other owners in the management of other real estate. 4. Add other conditions agreed by the owner and manager. 1. have a specific termination date or notice period; However, if a property management contract does not set a final termination date or a fixed termination period, the contract ends 90 days after the date of the contract; (2) indicate the amount of administrative fees and how and when they are to be paid; F. The provisions of this Section shall not apply to licensees who carry out commercial real estate transactions. (3) Indicate the services to be provided by the licensee; and…