Property Management Agreement Between Landlord And Agent Template for Indonesia

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Key Requirements PROMPT example:

Property Management Agreement Between Landlord And Agent

"I need a Property Management Agreement Between Landlord And Agent for my 10-story commercial building in Jakarta, with specific provisions for 24/7 maintenance services, tenant screening procedures, and quarterly financial reporting, to be effective from March 1, 2025."

Document background
The Property Management Agreement Between Landlord And Agent is a crucial document used when a property owner wishes to delegate the management and operation of their property to a professional property management company in Indonesia. This agreement is essential for both residential and commercial properties, providing a comprehensive framework that outlines the scope of services, responsibilities, fee structures, and operational procedures. It ensures compliance with Indonesian property laws, including the Civil Code (KUHPerdata), Basic Agrarian Law, and relevant property management regulations. The document is particularly important in establishing clear lines of authority, financial arrangements, and service expectations while protecting both parties' interests under Indonesian jurisdiction. It typically includes detailed provisions for tenant management, maintenance, financial reporting, and emergency procedures, making it an essential tool for professional property management relationships.
Suggested Sections

1. Parties: Identification of the Landlord and the Property Management Agent, including full legal names, addresses, and registration details

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

3. Definitions: Definitions of key terms used throughout the agreement

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

5. Scope of Services: Detailed description of property management services to be provided by the agent

6. Agent's Responsibilities: Comprehensive list of the agent's duties, obligations, and standards of service

7. Landlord's Responsibilities: Obligations and duties of the landlord, including provision of necessary information and cooperation

8. Financial Terms: Management fees, payment terms, expense handling, and financial reporting requirements

9. Maintenance and Repairs: Procedures for property maintenance, repair authorizations, and emergency repairs

10. Tenant Management: Procedures for tenant selection, lease management, and tenant relations

11. Reporting and Communications: Requirements for regular reporting, communications protocols, and documentation

12. Insurance and Liability: Insurance requirements and allocation of liability between parties

13. Termination: Conditions and procedures for termination of the agreement

14. Dispute Resolution: Procedures for handling disputes between parties

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

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

Optional Sections

1. Special Property Features: For properties with unique features requiring specific management approaches (e.g., heritage buildings, luxury facilities)

2. Multiple Property Management: When the agreement covers multiple properties under single management

3. Staff Management: For properties requiring on-site staff management by the agent

4. Marketing Services: Detailed marketing obligations if the agent is responsible for property promotion

5. Environmental Compliance: For properties requiring specific environmental management or compliance

6. Security Services: For properties requiring special security arrangements

7. Common Area Management: For properties with shared facilities or common areas requiring specific management

8. Asset Management: For agreements including long-term asset value enhancement responsibilities

Suggested Schedules

1. Schedule A - Property Details: Detailed description of the property, including address, size, facilities, and specific features

2. Schedule B - Management Fee Structure: Detailed breakdown of all fees, charges, and commission structures

3. Schedule C - Maintenance Schedule: Regular maintenance schedule and procedures for different property components

4. Schedule D - Reporting Templates: Templates for required regular reports and documentation

5. Schedule E - Emergency Procedures: Emergency contact information and procedures for different types of emergencies

6. Schedule F - Service Level Agreement: Detailed performance metrics and service standards

7. Appendix 1 - Property Photographs: Current photographs documenting the property's condition

8. Appendix 2 - Inventory List: Detailed inventory of furniture, equipment, and fixtures if applicable

9. Appendix 3 - Required Licenses and Permits: Copies of current property-related licenses and permits

10. Appendix 4 - Insurance Certificates: Copies of required insurance policies and certificates

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 | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Relevant Industries

Real Estate

Property Management

Residential Property

Commercial Property

Retail Property

Industrial Property

Hospitality

Mixed-Use Development

Property Investment

Facility Management

Relevant Teams

Legal

Real Estate

Property Management

Operations

Facilities Management

Asset Management

Contract Administration

Finance

Maintenance

Tenant Relations

Risk Management

Compliance

Relevant Roles

Property Manager

Real Estate Manager

Facility Manager

Asset Manager

Property Owner

Building Manager

Operations Manager

Leasing Manager

Real Estate Director

Property Management Supervisor

Maintenance Coordinator

Property Administrator

Legal Counsel

Contract Manager

Real Estate Investment Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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