Property Management Agreement Template for Denmark

A Property Management Agreement outlines the legal relationship between a property owner and a professional manager who handles their real estate assets in Denmark. This contract gives the property manager authority to collect rent, maintain the building, handle tenant issues, and manage day-to-day operations on the owner's behalf.

Under Danish property law, these agreements must specify the manager's duties, compensation structure, and reporting obligations. They typically include key terms about maintenance budgets, emergency procedures, and compliance with local housing regulations. The agreement protects both parties by clearly defining their roles and responsibilities while ensuring transparent property management practices.

Property owners need a Property Management Agreement when they can't personally handle the daily operations of their Danish real estate holdings. This becomes essential when managing multiple rental units, commercial properties, or when living far from the property location.

The agreement proves particularly valuable during tenant turnover, maintenance emergencies, or when dealing with complex Danish housing regulations. Property owners who spend significant time abroad, have demanding primary careers, or lack expertise in property management benefit most from these agreements. It creates a clear framework for delegating authority while maintaining professional oversight of valuable assets.

• Property Management Contract Agreement: Standard comprehensive agreement covering residential properties with full-service management scope
• Commercial Management Agreement: Specialized for office buildings and retail spaces with complex tenant requirements
• Management Lease Agreement: Combines property management duties with lease terms for mixed-use properties
• Rental Management Contract: Focused on residential rental properties with simplified terms
• Commercial Property Management Contract: Detailed version for large commercial properties with extensive service provisions

• Property Owners: Individual landlords, investment companies, or real estate funds who delegate management of their Danish properties
• Property Management Companies: Professional firms licensed in Denmark that handle day-to-day operations and tenant relations
• Legal Advisors: Danish lawyers who draft and review agreements to ensure compliance with local property laws
• Tenants: While not direct parties to the agreement, they interact with property managers as authorized representatives
• Service Contractors: Maintenance companies, cleaners, and repair services who work under the property manager's direction

• Property Details: Gather complete address, property type, and current condition documentation
• Service Scope: List specific management duties, maintenance responsibilities, and emergency protocols
• Financial Terms: Define management fees, operating budget limits, and reporting requirements
• Contact Information: Compile details for all parties, including emergency contacts and preferred contractors
• Legal Requirements: Check Danish housing regulations and local municipality rules affecting the property
• Authorization Limits: Set clear spending thresholds and decision-making boundaries for the manager
• Document Generation: Use our platform to create a legally-sound agreement that includes all mandatory elements

• Party Information: Complete legal names, addresses, and registration numbers of property owner and management company
• Property Description: Detailed specification of managed properties, including exact addresses and property numbers
• Service Scope: Comprehensive list of management duties, authority limits, and reporting obligations
• Financial Terms: Management fees, payment schedules, and expense handling procedures
• Duration & Termination: Contract period, renewal terms, and notice requirements under Danish law
• GDPR Compliance: Data handling procedures and privacy protection measures
• Liability & Insurance: Risk allocation, required insurance coverage, and indemnification terms
• Dispute Resolution: Danish jurisdiction clause and conflict resolution procedures

A Property Management Agreement differs significantly from a Facilities Management Agreement in several key aspects, though both deal with property maintenance and operations. Here are the main distinctions:

• Scope of Authority: Property management agreements include broader powers like tenant selection, rent collection, and strategic decisions about the property. Facilities management focuses solely on building maintenance and operations.
• Financial Responsibilities: Property managers handle complete financial oversight, including rent collection and budget management. Facilities managers typically only manage operational expenses within preset budgets.
• Legal Powers: Property managers can act as legal representatives in tenant matters and contract negotiations. Facilities managers cannot represent the property owner in legal or tenant matters.
• Service Focus: Property management covers the entire business aspect of real estate ownership. Facilities management concentrates on physical building maintenance and systems operations.