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A Property Management Service Agreement for a multi-let commercial property sets out the responsibilities and terms under which a property manager will oversee the day-to-day management of the premises, including rent collection, maintenance, and tenant liaison. The agreement typically outlines the scope of services, fees, duration, and reporting obligations to ensure efficient and professional management on behalf of the landlord.

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Services often include rent and service charge collection, maintenance coordination, tenant communication, compliance monitoring, and financial reporting to the landlord.

Fees may be charged as a fixed monthly amount, a percentage of rental income, or a combination of both, depending on the size and complexity of the property and the scope of services provided.

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