How a Real Estate Business Hired a Lawyer to Draft a Property Management Agreement in Florida (2022)

In 2022, a business in Florida sought assistance with drafting a property management agreement tailored for a commercial retail center. The client, managing a substantial residential portfolio, recognized that their existing residential property management agreement would not suffice for the commercial property they intended to acquire. Given the urgency of the situation, as the ownership group expressed a desire to move forward quickly, the client required a specialized agreement as soon as possible. As a result, the client received three proposals from licensed attorneys, with flat fee bids ranging from $1,000 to $1,500. All submissions were delivered promptly to meet the client's tight deadline of less than one week.