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Rent To Rent Management Contract
"I need a Rent to Rent Management Contract for a 10-unit apartment building in Brussels, where the management company will guarantee a fixed monthly income and have full authority to handle sub-letting and property improvements starting March 2025."
1. Parties: Identification of the Property Owner and the Management Company, including full legal names, addresses, and registration details
2. Background: Context of the agreement, including property details and the intention to establish a rent-to-rent management arrangement
3. Definitions: Key terms used throughout the agreement, including 'Property', 'Management Services', 'Rental Income', 'Sub-tenants', etc.
4. Appointment and Term: Formal appointment of the management company and duration of the agreement
5. Property Details: Comprehensive description of the property, including address, features, and current condition
6. Management Company's Rights: Rights granted to the management company, including authority to sub-let and manage the property
7. Management Company's Obligations: Core responsibilities including property maintenance, tenant management, and financial obligations
8. Property Owner's Obligations: Owner's responsibilities, including maintaining structural elements and providing necessary documentation
9. Financial Terms: Rent payment terms, management fees, and profit-sharing arrangements
10. Property Maintenance and Repairs: Responsibilities and procedures for maintaining the property and handling repairs
11. Insurance and Liability: Insurance requirements and allocation of liability between parties
12. Termination: Conditions and procedures for ending the agreement
13. Governing Law and Jurisdiction: Specification of Belgian law as governing law and jurisdiction for disputes
1. Guarantees: Required when additional financial security is needed from the management company
2. Sub-letting Standards: Include when specific requirements for sub-tenant selection and management need to be established
3. Utilities Management: Include when the management company will handle utility accounts and payments
4. Property Improvement Rights: Include when the management company is permitted to make improvements to the property
5. Emergency Procedures: Include when specific emergency response protocols need to be established
6. Data Protection: Include detailed GDPR compliance measures when handling substantial personal data
7. Marketing Rights: Include when specific terms about property marketing and advertising need to be established
1. Schedule 1 - Property Inventory: Detailed inventory of the property's contents and condition at commencement
2. Schedule 2 - Management Services: Detailed list of included management services and service levels
3. Schedule 3 - Fee Structure: Detailed breakdown of all fees, charges, and payment terms
4. Schedule 4 - Maintenance Procedures: Specific procedures for handling maintenance and repairs
5. Schedule 5 - Required Insurance: Detailed insurance requirements and minimum coverage levels
6. Appendix A - Property Photos: Photographic evidence of property condition at commencement
7. Appendix B - Certificates and Compliance Documents: Copies of relevant safety certificates and compliance documentation
Authors
Property
Property Owner
Management Company
Management Services
Commencement Date
Term
Head Rent
Sub-letting Income
Management Fee
Security Deposit
Sub-tenant
Sub-lease
Common Areas
Fixtures and Fittings
Inventory
Maintenance
Emergency Repairs
Service Levels
Operating Expenses
Force Majeure
Permitted Use
Property Standards
Regional Housing Regulations
Working Day
Utilities
Insurance Requirements
Gross Income
Net Income
Profit Share
Material Breach
Void Period
Guaranteed Rent
Property Manager
Occupancy Rate
Building Rules
Maintenance Schedule
Regulatory Requirements
Safety Certificates
Compliance Documents
Term and Duration
Property Rights
Management Services
Sub-letting Rights
Financial Terms
Payment Terms
Maintenance and Repairs
Property Access
Insurance
Liability
Indemnification
Compliance
Health and Safety
Property Standards
Utilities Management
Reporting Requirements
Data Protection
Confidentiality
Force Majeure
Assignment and Transfer
Termination
Post-Termination Obligations
Dispute Resolution
Notices
Entire Agreement
Severability
Waiver
Governing Law
Jurisdiction
Variation
Third Party Rights
Representations and Warranties
Emergency Procedures
Default and Remedies
Real Estate
Property Management
Residential Letting
Commercial Property
Property Investment
Hospitality
Student Housing
Corporate Housing
Legal
Operations
Property Management
Asset Management
Facilities Management
Risk and Compliance
Business Development
Real Estate
Portfolio Management
Contract Administration
Property Manager
Real Estate Manager
Operations Director
Legal Counsel
Property Investment Manager
Asset Manager
Facilities Manager
Contract Manager
Business Development Manager
Risk Manager
Compliance Officer
Real Estate Agent
Portfolio Manager
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