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Rent To Rent Management Contract
"I need a Rent To Rent Management Contract for my 12-unit residential property in Manchester, where the management company will guarantee £4,000 monthly rent and handle all HMO licensing requirements starting from March 2025."
1. 1. Parties: Identifies and defines the contracting parties (property owner and management company)
2. 2. Background: Explains the context and purpose of the agreement
3. 3. Definitions: Defines key terms used throughout the agreement
4. 4. Term and Commencement: Specifies duration and start date of the agreement
5. 5. Management Company Obligations: Details responsibilities of the management company
6. 6. Property Owner Obligations: Outlines property owner's responsibilities
7. 7. Financial Terms: Details rent payments, fees, and financial arrangements
8. 8. Property Maintenance: Specifies maintenance and repair responsibilities
9. 9. Compliance Requirements: Lists statutory compliance obligations
10. 10. Termination: Details circumstances and procedures for ending the agreement
1. HMO Management: Additional provisions for Houses in Multiple Occupation management and licensing requirements
2. Guaranteed Rent: Specific terms and conditions for guaranteed rent arrangements between parties
3. Furniture and Fittings: Provisions relating to inventory and maintenance of furnished properties
4. Short-term Letting Provisions: Specific terms and conditions for properties intended for short-term letting
1. Schedule 1: Property Details: Full property description and address
2. Schedule 2: Fee Structure: Detailed breakdown of all fees and charges
3. Schedule 3: Services Included: List of management services provided
4. Appendix A: Property Inventory: Detailed inventory of property contents
5. Appendix B: Compliance Certificates: Copies of required safety certificates
6. Appendix C: Insurance Requirements: Details of required insurance coverage
Authors
Property
Commencement Date
Term
Management Fee
Guaranteed Rent
Management Services
Property Owner
Management Company
Sub-tenant
Business Day
Deposit
Initial Term
Renewal Term
Working Hours
Rent
Service Charge
Utilities
Maintenance Obligations
Emergency Repairs
Compliance Requirements
Insurance Requirements
Force Majeure Event
Management Period
Termination Date
Notice Period
Property Standards
Permitted Use
Inventory
Common Areas
Sub-letting Agreement
Void Period
Safety Certificates
Regulatory Requirements
Property Manager
Rental Income
Operating Expenses
Maintenance Fund
Reporting Period
Service Level Standards
Term and Duration
Management Services
Guaranteed Rent
Property Access
Sub-letting Rights
Financial Terms
Payment Terms
Deposit Protection
Property Maintenance
Emergency Repairs
Health and Safety
Compliance
Insurance
Property Standards
Utilities Management
Reporting Requirements
Record Keeping
Property Inspections
Void Periods
Termination Rights
Force Majeure
Indemnification
Liability
Confidentiality
Data Protection
Assignment
Dispute Resolution
Notices
Governing Law
Entire Agreement
Variation
Severability
Third Party Rights
HMO Management
Property Marketing
Service Level Standards
Key Performance Indicators
Default and Remedies
Warranties
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Rent To Rent Management Contract
A legal agreement under English and Welsh law where a management company takes control of a property, paying guaranteed rent to the owner while managing and sub-letting the property.
Property Management Contract Agreement
A legal agreement under English and Welsh law establishing terms between property owners and management companies for professional property administration services.
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