Property Management Terms

[Jash Sayani]

Hi,

I am looking for a property manager in Jacksonville. I spoke to a few over the phone and requested for their agreements. I was just curious about some of the terms in the agreement:

1. Agreement is for 5 years and renews automatically for 5 year periods
2. If agreement is cancelled, a $2000 fee applies
3. Account setup fee of $150
4. Fee of $500 if agreement cancelled in 90 days for inability to find tenant
5. Up to $50 service fee for repairs done on property
6. Re-key charge for initial rekeying
7. Owner needs to provide with quarterly lawn maintenance and pest control
8. Owner agrees that Property Management does not include providing on-site management services (not 100% sure on its meaning)
9. A 6% commission if property sold to tenant (up to 9 months after lease is over)

Are these common terms? 

The fee is 10% of rent, 50% of placement, which is pretty standard.