What is typically addressed in a property management agreement?

The correct answer focuses on the responsibilities of the property manager regarding the management of a property because a property management agreement is primarily designed to outline the specific duties and obligations of the property manager. This includes detailing tasks such as rent collection, property maintenance, tenant relations, lease management, and other administrative functions necessary for effective property oversight.

By establishing clear expectations in the agreement, both property owners and the management team can ensure that the property is maintained properly and that tenants receive the services they need. This is crucial for the successful operation of rental properties and can help mitigate disputes or misunderstandings down the line.

The other options do not align with what a property management agreement typically addresses. For instance, while the sale value of the property is important, it is more relevant to a real estate sales contract rather than management particulars. Similarly, marketing strategies for selling property fall under real estate sales, not management. Lastly, the legal rights of tenants are usually addressed in rental agreements or leases, which serve a different purpose from management agreements. Hence, these elements do not fit within the core focus of a property management agreement, which is centered on management responsibilities.