Property Management Form Template for Indonesia

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Key Requirements PROMPT example:

Property Management Form

"I need a Property Management Form for a 50-unit luxury apartment complex in Jakarta, with special emphasis on maintenance standards and security services, to be effective from March 1, 2025."

Document background

The Property Management Form serves as a legally binding agreement under Indonesian law between property owners and professional property management companies. This document is essential when engaging professional management services for any type of property, whether residential, commercial, or mixed-use developments. It comprehensively covers all aspects of property management, including maintenance responsibilities, financial management, tenant relations, and regulatory compliance. The form is structured to comply with Indonesian civil law requirements, property regulations, and local building codes, while providing flexibility to accommodate different property types and management needs. It's particularly relevant in urban areas where professional property management is increasingly common and necessary for maintaining property values and ensuring efficient operations.

Suggested Sections

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

2. Background: Context of the agreement, including property details and purpose of the management arrangement

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

4. Appointment and Term: Formal appointment of the property manager and duration of the agreement, including renewal terms

5. Property Manager's Duties and Responsibilities: Comprehensive list of services to be provided, including maintenance, tenant management, and financial administration

6. Owner's Obligations: Property owner's responsibilities, including provision of necessary documents and funding for maintenance

7. Financial Management: Details of rent collection, expense management, reporting requirements, and bank account arrangements

8. Fees and Payments: Management fees, payment terms, and additional service charges

9. Insurance and Liability: Insurance requirements and allocation of risks between parties

10. Termination: Conditions and procedures for ending the agreement, including notice periods

11. Dispute Resolution: Procedures for handling disputes between parties

12. Governing Law: Specification of Indonesian law as governing law and relevant jurisdictional matters

Optional Sections

1. Strata Title Management: Additional provisions for managing strata-titled properties, used when the property is part of a strata scheme

2. Commercial Property Provisions: Specific provisions for commercial properties, including tenant mix and marketing requirements

3. Staff Management: Provisions regarding on-site staff management, used for larger properties requiring dedicated personnel

4. Environmental Management: Special provisions for green building management and sustainability practices

5. Security Services: Detailed security arrangements for properties requiring enhanced security measures

6. Asset Management: Additional provisions for long-term asset value enhancement and capital works management

Suggested Schedules

1. Property Details: Detailed description of the property, including address, certificates, and physical characteristics

2. Service Scope: Detailed breakdown of management services and frequency of service delivery

3. Fee Schedule: Detailed breakdown of all fees, charges, and payment terms

4. Maintenance Schedule: Planned maintenance schedule and procedures

5. Reporting Templates: Standard templates for financial and operational reporting

6. Emergency Procedures: Emergency response protocols and contact information

7. Required Insurance: Detailed insurance requirements and minimum coverage levels

8. Building Rules and Regulations: Property-specific rules and regulations for tenants and occupants

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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Real Estate

Property Management

Facilities Management

Commercial Property

Residential Property

Retail Property

Industrial Property

Hospitality

Office Space Management

Mixed-Use Development

Relevant Teams

Legal

Property Management

Facilities Management

Operations

Asset Management

Real Estate

Contract Administration

Maintenance

Tenant Relations

Financial Control

Risk Management

Relevant Roles

Property Manager

Facility Manager

Real Estate Manager

Asset Manager

Building Operations Manager

Property Owner

Real Estate Director

Facilities Director

Operations Manager

Maintenance Manager

Tenant Relations Manager

Property Management Executive

Legal Counsel

Contract Administrator

Real Estate Administrator

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An Indonesian law-governed agreement establishing terms for professional management services, including responsibilities, authority, and governance framework.

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Let's create your Property Management Form

Authors

Alex Denne

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