What type of clause should Leslie include in her property management agreements?

In a property management agreement, including a hold harmless clause is essential because it protects the property manager from certain legal liabilities that may arise during the management of the property. This clause stipulates that the property owner agrees to indemnify the property manager for any losses or legal actions that result from the property owner's actions or negligence.

This type of clause is particularly important in property management, where a manager can encounter various risks and liabilities related to tenant activities, property maintenance, and regulatory compliance. By including a hold harmless clause, Leslie ensures that she has a level of protection against claims that could arise, thus allowing her to manage the property more confidently while minimizing financial risks associated with legal disputes.

The other choices may have their relevance, such as termination clauses which outline the conditions under which either party may terminate the agreement, liability waiver clauses which can limit liability exposure, and fee adjustment clauses that might allow fees to be adjusted based on certain conditions. However, the hold harmless clause specifically addresses the need for indemnification, making it a crucial consideration in property management agreements.