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Property Management Lease Agreement
"I need a Property Management Lease Agreement for a new 20-story commercial office building in Jakarta, with specific provisions for green building management and multiple tenant management, planned to commence from March 1, 2025."
1. Parties: Identification of the Property Owner and the Property Management Company, including their complete legal names, registration numbers, and addresses
2. Background: Context of the agreement, description of the property, and general purpose of the management arrangement
3. Definitions: Detailed definitions of key terms used throughout the agreement, including technical and legal terminology
4. Appointment and Term: Formal appointment of the property manager, duration of the agreement, and renewal terms
5. Scope of Services: Comprehensive list of property management services to be provided, including maintenance, tenant management, and administrative duties
6. Manager's Rights and Obligations: Detailed responsibilities and authority of the property manager in executing their duties
7. Owner's Rights and Obligations: Property owner's responsibilities, including funding obligations and decision-making authority
8. Financial Terms: Management fees, payment terms, expense arrangements, and financial reporting requirements
9. Operating Budget and Expenses: Process for budget preparation, approval, and management of operating expenses
10. Maintenance and Repairs: Procedures for routine maintenance, emergency repairs, and capital improvements
11. Insurance and Liability: Required insurance coverage and allocation of liability between parties
12. Reporting and Records: Required reports, documentation, and record-keeping obligations
13. Termination: Grounds for termination, notice requirements, and post-termination obligations
14. Dispute Resolution: Procedures for resolving disputes, including mediation and arbitration provisions
15. Governing Law: Specification of Indonesian law as governing law and relevant jurisdictional matters
16. General Provisions: Standard contractual provisions including force majeure, notices, and amendments
1. Multi-tenant Management: Additional provisions for managing multiple tenants, including tenant mix policies and common area management - used when the property has multiple tenants
2. Special Facilities Management: Specific provisions for managing specialized facilities like swimming pools, gyms, or parking facilities - included when the property has such facilities
3. Environmental Compliance: Special provisions for environmental management and compliance - included for properties requiring specific environmental considerations
4. Security Services: Detailed security arrangements and protocols - included for properties requiring enhanced security measures
5. Marketing and Leasing Services: Provisions for marketing vacant spaces and managing lease arrangements - included if the manager has leasing responsibilities
6. Asset Enhancement: Provisions for property improvement and value enhancement initiatives - included when asset enhancement is part of the scope
7. Staff Management: Provisions regarding on-site staff employment and management - included when the manager will employ on-site staff
8. Emergency Protocols: Specific procedures for emergency situations - included for high-risk or high-value properties
1. Property Details: Detailed description of the property, including address, land title details, and physical specifications
2. Scope of Services Matrix: Detailed breakdown of all services to be provided, including frequency and responsibility allocation
3. Fee Schedule: Detailed breakdown of all fees, including base fees, performance fees, and additional service charges
4. Operating Budget: Initial operating budget and budget preparation guidelines
5. Maintenance Schedule: Planned maintenance schedule and procedures for different building systems
6. Service Level Agreements: Specific performance metrics and service standards
7. Insurance Requirements: Detailed insurance requirements including types of coverage and minimum amounts
8. Report Templates: Templates for various required reports and documentation
9. Emergency Contact List: List of emergency contacts and escalation procedures
10. Building Rules and Regulations: Standard operating procedures and rules for the property
Authors
Applicable Laws
Approved Budget
Building Rules and Regulations
Building Systems
Common Areas
Commencement Date
Confidential Information
Emergency
Expiry Date
Facility Manager
Force Majeure Event
Gross Operating Income
IMB (Izin Mendirikan Bangunan)
Initial Term
Management Fee
Management Services
Net Operating Income
Operating Expenses
Operating Hours
Owner
Performance Standards
Premises
Property
Property Manager
Renewal Term
Rent
Service Charges
Service Levels
SLO (Sertifikat Laik Operasi)
Sinking Fund
Standard Operating Procedures
Tenants
Term
Utilities
Working Day
Term and Renewal
Services Scope
Authority and Powers
Management Obligations
Owner Obligations
Management Fees
Operating Budget
Operating Expenses
Maintenance and Repairs
Health and Safety
Compliance
Insurance
Liability and Indemnity
Staff and Employment
Reporting Requirements
Record Keeping
Confidentiality
Data Protection
Force Majeure
Termination
Post-Termination Obligations
Assignment and Subcontracting
Dispute Resolution
Governing Law
Notices
Entire Agreement
Amendment
Severability
Representations and Warranties
Emergency Procedures
Property Access
Environmental Compliance
Security Measures
Utilities Management
Common Areas Management
Tenant Relations
Building Rules
Real Estate
Property Management
Commercial Property
Residential Property
Retail Property
Industrial Property
Hospitality
Mixed-use Development
Office Space Management
Shopping Center Management
Legal
Property Management
Operations
Finance
Facility Management
Asset Management
Compliance
Real Estate
Contract Administration
Maintenance
Security
Property Manager
Facility Manager
Real Estate Director
Operations Manager
Asset Manager
Legal Counsel
Finance Director
Building Manager
Property Management Director
Maintenance Supervisor
Leasing Manager
Contract Administrator
Real Estate Investment Manager
Property Operations Supervisor
Compliance Officer
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