Which of the following is NOT a typical component of a property management agreement?

Prepare for the Oregon Property Management Test. Study with flashcards and multiple choice questions, each question includes hints and explanations. Get ready for your exam!

In a property management agreement, the focus typically revolves around the relationship between the property owner and the property manager. This includes defining the responsibilities of the property manager, the financial aspects of the management, and the legal obligations of the owner.

While the owner's legal obligations, the term of the agreement, and the method for termination are crucial components that clearly outline the expectations and procedures in managing the property, the duties of the tenants are generally not included in this agreement. The property management agreement is primarily concerned with the management aspect rather than direct tenant obligations, which are usually covered in the lease agreements signed between property managers or landlords and the tenants themselves. This delineation keeps the property management agreement focused on the responsibilities and rights of the property manager and the owner rather than the tenants, making it less relevant to include tenant duties in the property management framework.

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