Managing Agency Agreement for Australia

Managing Agency Agreement Template for Australia

A Managing Agency Agreement is a legally binding contract used in Australian jurisdictions to establish and regulate the relationship between a property owner and a professional property management agent. This document outlines the scope of authority granted to the agent, details their responsibilities in managing the property, specifies fee structures, and establishes operational procedures. It incorporates requirements from Australian property law, consumer protection legislation, and state-specific regulations, while ensuring compliance with the Property and Stock Agents Act and related statutory obligations.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Managing Agency Agreement

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc

What is a Managing Agency Agreement?

The Managing Agency Agreement is a crucial document used in Australian property management to formalize the appointment of a professional agent to manage real estate assets on behalf of the property owner. This agreement is essential when property owners wish to delegate the day-to-day management of their property to a qualified professional. The document encompasses key aspects such as agent authority, service scope, fee structures, operational procedures, and compliance requirements under Australian law. It's particularly relevant for both residential and commercial properties, and must comply with the Property and Stock Agents Act, state-specific legislation, and other relevant Australian regulations. The agreement serves as a comprehensive framework for the ongoing relationship between the principal and agent, ensuring clear understanding of roles, responsibilities, and performance expectations.

What sections should be included in a Managing Agency Agreement?

1. Parties: Identifies and defines the principal (property owner) and the agent, including full legal names, addresses, and any relevant registration or license numbers

2. Background: Sets out the context of the agreement, including that the principal owns the property and wishes to engage the agent to manage it

3. Definitions and Interpretation: Defines key terms used throughout the agreement and establishes rules for interpreting the document

4. Appointment and Term: Establishes the formal appointment of the agent, the nature of the agency relationship, and the duration of the agreement

5. Agent's Authority: Details the scope of the agent's authority to act on behalf of the principal

6. Agent's Duties and Responsibilities: Comprehensive list of the agent's core responsibilities including property management, maintenance, tenant relations, and financial management

7. Principal's Obligations: Outlines the property owner's responsibilities and obligations under the agreement

8. Fees and Expenses: Details all fees payable to the agent, including management fees, lease renewal fees, and how additional expenses will be handled

9. Financial Management: Specifies how rental income will be collected, managed, and distributed, and how expenses will be handled

10. Reporting Requirements: Establishes the agent's obligations regarding financial and property management reporting

11. Insurance and Risk: Addresses insurance requirements and risk allocation between the parties

12. Termination: Sets out the circumstances and processes for terminating the agreement

13. Dispute Resolution: Establishes procedures for resolving disputes between the parties

14. General Provisions: Standard legal provisions including governing law, notices, assignment, and entire agreement clauses

What sections are optional to include in a Managing Agency Agreement?

1. Special Instructions: Used when the principal has specific requirements for property management that deviate from standard practices

2. Multiple Properties: Required when the agreement covers more than one property, establishing specific terms for managing multiple properties

3. Staff and Contractors: Included when specific arrangements regarding property staff or regular contractors need to be addressed

4. Marketing and Advertising: Detailed section needed when specific marketing requirements or budgets are to be established

5. Strata Management Interface: Required for properties under strata title to define interaction with strata managers

6. Trust Account Management: Detailed provisions for trust account operations when required by size or complexity of financial management

7. Maintenance Reserve: Used when establishing a specific maintenance fund or reserve

8. Performance Standards: Included when specific KPIs or performance metrics are to be established

9. Delegation Rights: Required when the agent needs specific rights to delegate certain duties to third parties

What schedules should be included in a Managing Agency Agreement?

1. Property Schedule: Details of the property/properties including address, description, and specific features or requirements

2. Fee Schedule: Detailed breakdown of all fees, charges, and commission structures

3. Services Schedule: Comprehensive list of included and excluded property management services

4. Maintenance Schedule: Details of regular maintenance requirements and procedures

5. Key Contact Details: List of important contacts including emergency contacts, preferred contractors, and key stakeholders

6. Reporting Template: Sample formats for required regular reports

7. Operating Budget: Annual budget for property operations and maintenance

8. Delegation Authority Matrix: Details of spending and decision-making authority levels

9. Insurance Requirements: Specific insurance requirements and minimum coverage levels

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Australia

Publisher

Genie AI

Sector

Cost

Free to use
Relevant legal definitions
Clauses
Relevant Industries

Real Estate

Property Management

Commercial Property

Residential Property

Retail Property

Industrial Property

Hospitality

Student Accommodation

Healthcare Facilities

Mixed-Use Developments

Relevant Teams

Legal

Operations

Property Management

Asset Management

Compliance

Business Development

Contract Administration

Real Estate

Facilities Management

Risk Management

Relevant Roles

Property Manager

Real Estate Agent

Facility Manager

Asset Manager

Operations Manager

Legal Counsel

Compliance Officer

Portfolio Manager

Business Development Manager

Contract Administrator

Property Owner

Managing Director

Real Estate Director

Leasing Manager

Company Secretary

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Car Park Management Agreement

An Australian-law governed agreement establishing terms for professional management of car parking facilities, including operational and financial arrangements.

find out more

Rental Property Management Agreement Form

An Australian legal agreement establishing the terms and conditions between property owners and property managers for professional rental property management services.

find out more

Agreement Management

An Australian law-compliant framework for systematic agreement management, outlining procedures, responsibilities, and standards for effective contract administration.

find out more

Exclusive Management Agency Agreement Residential

An Australian residential property management agreement granting exclusive rights to a licensed agent to manage a property, including tenant management, maintenance, and administrative duties.

find out more

Employee Management Agreement

An Australian law-governed agreement establishing employment terms and conditions between employer and employee, ensuring compliance with the Fair Work Act and related legislation.

find out more

Commercial Property Management Contract

An Australian-law governed agreement between property owners and management companies for professional commercial property management services.

find out more

Rental Management Contract

An Australian jurisdiction agreement establishing property management terms between owner and manager, compliant with state and federal property laws.

find out more

Hotel Management Contract Agreement

An Australian-law governed agreement between a hotel owner and management company establishing terms for professional hotel operation and management services.

find out more

Asset Management Contract

Australian-law governed agreement for professional asset management services, compliant with local financial services regulations and market requirements.

find out more

Talent Management Contract

An Australian-law governed agreement establishing the terms and conditions between a talent manager and their represented talent, including scope of services, compensation, and mutual obligations.

find out more

Management Fee Agreement Intercompany

Australian-law governed agreement for management services between related companies, including fee structures and compliance requirements.

find out more

Simple Project Management Agreement

An Australian-law governed agreement establishing terms and conditions for project management services between a project manager and client.

find out more

Producer Management Agreement

An Australian law-governed agreement establishing the terms of representation between a management company and a producer in the entertainment industry.

find out more

Managing Agent Contract

An Australian legal agreement establishing the terms and conditions for property management services between a property owner and a managing agent, compliant with federal and state property management laws.

find out more

Management And Administrative Services Agreement

An Australian law-governed agreement defining terms for management and administrative services provision between parties.

find out more

Letting Management Agreement

An Australian jurisdiction agreement establishing the terms and conditions between property owners and property managers for professional property management services.

find out more

Interim Management Contract

An Australian-law governed agreement establishing terms for temporary senior management engagement, including responsibilities, remuneration, and performance expectations.

find out more

Company Let Management Contract

An Australian-law governed agreement establishing terms for professional management services of corporate-owned properties.

find out more

Sports Management Agreement

An Australian-law governed agreement between a sports manager/agent and athlete defining representation terms, services, and mutual obligations.

find out more

Litigation Management Agreement

An Australian law-governed agreement establishing the framework for managing litigation, defining relationships between litigation managers, clients, and other stakeholders.

find out more

Small Business Management Agreement

An Australian-compliant agreement outlining terms for professional management services of a small business, including operational control and performance requirements.

find out more

Farm Manager Contract

An Australian-compliant employment contract for farm managers, setting out terms, conditions, and responsibilities in agricultural operations.

find out more

Car Property Management Agreement

An Australian law-governed agreement establishing terms for professional vehicle management services, including maintenance, insurance, and operational requirements.

find out more

Owner Construction Manager Agreement

An Australian-compliant agreement between a property owner and construction manager for professional construction management services.

find out more

Resident Manager Agreement

An Australian agreement establishing the appointment, duties, and terms for a resident manager of a residential property, complying with relevant federal and state laws.

find out more

Music Producer Manager Contract

An Australian-compliant agreement governing the professional relationship between a music producer and their manager, including rights, obligations, and compensation terms.

find out more

Management Rights Agreement

An Australian legal agreement establishing the terms between a body corporate and management rights operator for caretaking and letting services in strata properties.

find out more

Management Confidentiality Agreement

An Australian-law governed agreement establishing confidentiality obligations for management personnel handling sensitive company information.

find out more

Land Management Contract

An Australian legal agreement establishing terms and conditions for land management activities, including environmental compliance and usage rights.

find out more

Housing Management Agreement

An Australian-law governed agreement between property owners and management companies defining property management services, responsibilities, and terms.

find out more

Self Storage Management Agreement

An Australian-compliant agreement governing the management and operation of a self-storage facility by a management company on behalf of the facility owner.

find out more

Money Management Contract

An Australian-law governed agreement establishing the terms for professional investment management services, compliant with ASIC and other regulatory requirements.

find out more

Exclusive Property Management Agreement

An Australian jurisdiction agreement granting exclusive property management rights to an agency, defining services, obligations, and fee structures.

find out more

Residential Leasing And Property Management Agreement

An Australian-law governed agreement between property owners and property managers establishing terms for professional residential property management services.

find out more

Hospital Management Agreement

An Australian-law governed agreement establishing terms for professional management and operation of a hospital facility, including clinical, operational, and compliance requirements.

find out more

Management Takeover Agreement

An Australian legal agreement governing the transfer of management control and operational responsibilities between entities, compliant with federal and state regulations.

find out more

Farm Management Agreement

An Australian-law governed agreement establishing the terms and conditions between a farm owner and manager for professional farm management services.

find out more

Bar Management Agreement

An Australian-law governed agreement between a bar owner and management company for the operation and management of a licensed venue.

find out more

Acting Manager Contract

An Australian-compliant employment contract for temporary management appointments, outlining terms, conditions, and responsibilities for acting positions.

find out more

Shareholder Management Agreement

An Australian law-governed agreement establishing the framework for managing shareholder relationships, rights, and obligations within a company.

find out more
See more related templates

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it

2 Docs LeftAccess Now