Why is the written residential rent agreement between renters and owners important? Tenant and owner rights must be protected as a top concern. The terms and conditions of payments, maintenance, repairs, and termination clauses are all governed by this agreement, along with all other information pertaining to the owner and renters. For this, you want trustworthy property management services that can handle any work with ease. One of the top property management firms, ORO Proptech focuses primarily on client properties.