Sample agreement
Read the agreement before you ever call us.
Most PMs make you sit through a sales pitch before they'll show you the contract. We do it the other way around — here's the substance, in plain English.
Plain-English summary
- Term
- Month-to-month after the initial lease term. Cancel any time with 30 days' notice. No long-term lock-in.
- Fees
- Leasing fee (one month's rent, charged once per new lease) + monthly management (% of collected rent — see /pricing). No advertising fees, no markups on vendor invoices, no inspection fees, no setup fees.
- Trust accounting
- Tenant rents and security deposits are held in a TREC-compliant trust account, separate from operating funds. You can request the bank statement any time.
- Owner draws
- ACH direct deposit by the 15th of every month, with a PDF statement showing all line items.
- Maintenance authority
- We can authorize repairs up to a dollar threshold you set (default $500). Anything above is approved by you in writing.
- Insurance & liability
- We require you to maintain landlord liability coverage and to name us as additional insured. We carry our own E&O.
- Termination
- 30 days' notice from either party. We refund any unearned management fees and transfer the security deposit + tenant ledger to you or your new manager.
- Forms used
- TAR-1201 Residential Lease, TAR-2201 Residential Leasing & Property Management Agreement, TAR-2003 Lead-Based Paint Disclosure (where applicable).
Want the full PDF?
We send the full TAR-2201 management agreement to every owner during the consultation step — before you commit to anything. Ask for it on the call, or email us at owners@hmbcs.com and we'll send it over.
Transparency before signature.
The contract is straightforward because the relationship is. No tricks, no auto-renewing lock-ins, no junk fees.
Top-rated local team•Family-owned in Bryan/CS•No obligation, no signup
or call (979) 366-3500 — responses within 1 business day.