Property Manager Employment Contract for Canada

Property Manager Employment Contract Template for Canada

A comprehensive employment agreement tailored for property management professionals in Canada, compliant with federal and provincial employment standards. This contract establishes the terms and conditions of employment for property managers, including their duties, responsibilities, compensation, and benefits. It incorporates specific provisions related to property management authority, financial discretion, and emergency response requirements while ensuring compliance with relevant Canadian real estate and property management regulations. The document includes necessary protections for both employer and employee, addressing confidentiality, non-competition, and professional licensing requirements specific to the Canadian property management industry.

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What is a Property Manager Employment Contract?

The Property Manager Employment Contract is essential for establishing clear employment relationships in the Canadian property management sector. It should be used when hiring property management professionals who will be responsible for overseeing real estate assets and managing property operations. The contract addresses crucial aspects such as property management authority, financial discretion limits, emergency response protocols, and compliance with Canadian property management regulations. It is particularly important for ensuring compliance with provincial employment standards, real estate regulations, and professional licensing requirements. This document is typically used by property management companies, real estate investment trusts, corporate property owners, and individual property owners when hiring property managers at various levels of seniority.

What sections should be included in a Property Manager Employment Contract?

1. Parties: Identification of the employer and employee with full legal names and addresses

2. Background: Context of the employment relationship and brief description of the employer's business

3. Definitions: Key terms used throughout the agreement including Property, Services, Management Fee, etc.

4. Appointment and Term: Official appointment as property manager and duration of employment

5. Duties and Responsibilities: Detailed description of the property manager's roles, responsibilities, and scope of authority

6. Work Location and Hours: Primary work location, regular working hours, and flexibility requirements

7. Compensation and Benefits: Base salary, payment schedule, benefits package, and any standard bonuses

8. Reporting Structure: Lines of reporting and supervision requirements

9. Property Management Authority: Scope of financial and operational decision-making authority

10. Confidentiality and Privacy: Obligations regarding tenant, property, and company information

11. Non-Competition and Non-Solicitation: Restrictions on competing activities during and after employment

12. Termination: Conditions and processes for ending the employment relationship

13. General Provisions: Standard contract clauses including governing law, amendments, and notices

What sections are optional to include in a Property Manager Employment Contract?

1. Housing Provision: Terms related to any provided accommodation as part of employment

2. Vehicle Allowance: Terms regarding company vehicle or vehicle allowance if provided

3. Performance Bonus Structure: Details of any performance-based bonus or commission system

4. Emergency Response Duties: Special provisions for after-hours emergency response if required

5. Travel Requirements: Terms related to travel between multiple properties if applicable

6. Professional Development: Provisions for licensing, continuing education, and professional memberships

7. Relocation Assistance: Terms of any relocation support if position requires moving

What schedules should be included in a Property Manager Employment Contract?

1. Schedule A - Managed Properties: List and details of properties under the manager's responsibility

2. Schedule B - Compensation Details: Detailed breakdown of salary, benefits, and bonus structures

3. Schedule C - Benefits Package: Comprehensive description of all benefits and eligibility requirements

4. Schedule D - Job Description: Detailed job description and performance expectations

5. Schedule E - Approval Limits: Specific financial and operational approval limits

6. Appendix 1 - Company Policies: Reference to relevant company policies and procedures

7. Appendix 2 - Emergency Procedures: Emergency response protocols and contact information

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

Jurisdiction

Canada

Publisher

Genie AI

Cost

Free to use

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