How a Real Estate Business Hired a Lawyer to Draft a Property Management Agreement in California (2024)

In 2024, a business based in California sought assistance with drafting a property management agreement. The client had recently launched a real estate venture focusing on subleasing properties for short-term rentals and needed a formal contract to ease concerns raised by landlords regarding potential liabilities associated with guests. With plans to begin operations shortly, they required a document that clearly delineated the responsibilities of their LLC, including liability coverage, lease duration, and subleasing costs. As a result, the client received nine proposals from licensed attorneys, with flat fee bids ranging from $0.01 to $1,500, all submitted to meet the requested deadline of over a week.