Management Agreement Rent To Rent Template for Indonesia

The Management Agreement Rent To Rent is designed for situations where property owners wish to delegate complete management responsibility while securing a guaranteed rental income. This document, governed by Indonesian law, is particularly useful for owners of residential or commercial properties who prefer a hands-off approach to property management. It enables management companies to take control of the property's operation, including tenant management, maintenance, and revenue optimization, while providing the owner with a fixed rental income regardless of occupancy rates. The agreement includes comprehensive provisions for property management, financial arrangements, regulatory compliance, and risk management, all aligned with Indonesian legal requirements including the Civil Code and property regulations. This type of agreement has become increasingly popular in Indonesia's growing property market, especially in major urban areas where professional property management services are in high demand.

1. Parties: Identification of the property owner and the management company, including their complete legal names, registration numbers, and addresses

2. Background: Context of the agreement, including brief description of the property and the parties' intention to enter into a rent-to-rent management arrangement

3. Definitions: Definitions of key terms used throughout the agreement including Property, Management Services, Rental Income, Operating Expenses, etc.

4. Appointment and Term: Formal appointment of the management company, duration of the agreement, and renewal terms

5. Management Company's Rights and Obligations: Detailed description of management services, responsibilities, and authority granted to the management company

6. Property Owner's Rights and Obligations: Responsibilities and obligations of the property owner, including maintaining property insurance and structural repairs

7. Financial Terms: Rental guarantees, management fees, payment terms, security deposits, and financial reporting requirements

8. Property Maintenance and Management: Standards for property maintenance, repair procedures, and emergency handling protocols

9. Rental Operations: Procedures for tenant selection, rental collection, and management of tenant relationships

10. Compliance and Permits: Obligations regarding legal compliance, required permits, and regulatory requirements

11. Insurance and Liability: Insurance requirements, liability allocation, and indemnification provisions

12. Termination: Grounds for termination, notice requirements, and post-termination procedures

13. Dispute Resolution: Procedures for handling disputes, including mediation and arbitration provisions

14. Governing Law: Specification of Indonesian law as governing law and jurisdiction

15. General Provisions: Standard clauses including force majeure, notices, amendments, and severability