Residential Exclusive Management Agency Agreement Template for Indonesia

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Key Requirements PROMPT example:

Residential Exclusive Management Agency Agreement

"I need a Residential Exclusive Management Agency Agreement for my luxury apartment complex in Jakarta, Indonesia, with special emphasis on 24/7 concierge services and premium maintenance standards, to commence from March 1, 2025."

Document background
The Residential Exclusive Management Agency Agreement is a crucial document used in Indonesia when property owners wish to delegate the complete management of their residential property to a professional management agency on an exclusive basis. This agreement is particularly relevant in Indonesia's growing real estate market, where professional property management services are increasingly in demand. The document comprehensively covers all aspects of the management relationship, including service scope, financial arrangements, maintenance responsibilities, and regulatory compliance requirements under Indonesian law. It incorporates relevant provisions from the Indonesian Civil Code (KUHPerdata), consumer protection laws, and property management regulations, making it essential for establishing clear, legally-sound management relationships in the Indonesian residential property sector.
Suggested Sections

1. Parties: Identifies and provides full details of the property owner and the management agency, including registration numbers and addresses

2. Background: Establishes the context of the agreement, including property details and the owner's desire to appoint the agency as exclusive property manager

3. Definitions: Defines key terms used throughout the agreement to ensure clear interpretation

4. Appointment and Term: Specifies the exclusive appointment of the agency and the duration of the agreement

5. Management Services: Details the core property management services to be provided by the agency

6. Agency's Rights and Obligations: Outlines the specific responsibilities and authorities granted to the management agency

7. Owner's Rights and Obligations: Specifies the property owner's responsibilities and commitments

8. Fees and Payments: Details all management fees, payment terms, and additional charges

9. Property Maintenance and Repairs: Establishes procedures for maintenance, repairs, and spending authorities

10. Financial Reporting: Specifies requirements for financial statements, reporting frequency, and accounting procedures

11. Insurance and Liability: Outlines insurance requirements and liability allocation between parties

12. Termination: Details circumstances and procedures for ending the agreement

13. Dispute Resolution: Establishes procedures for resolving disputes between parties

14. Governing Law: Specifies Indonesian law as governing law and relevant jurisdictional matters

15. General Provisions: Includes standard clauses such as force majeure, notices, and amendments

Optional Sections

1. Special Conditions: Used when the property has unique features or requirements requiring specific management approaches

2. Emergency Services: Included for properties requiring 24/7 emergency response or special security arrangements

3. Staff Management: Required when the property includes on-site staff that need to be managed

4. Common Area Management: Necessary for properties that are part of a complex with shared facilities

5. Environmental Management: Include when the property requires specific environmental compliance or green building management

6. Pest Control Services: Added for properties requiring regular pest control management

7. Marketing Services: Include when the agency will also handle marketing for tenant acquisition

8. Utility Management: Added when the agency will manage utility contracts and payments

Suggested Schedules

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

2. Schedule 2 - Management Services: Comprehensive list of included management services and their specifications

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

4. Schedule 4 - Maintenance Schedule: Planned maintenance schedule and procedures

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

6. Schedule 6 - Emergency Procedures: Emergency response procedures and contact information

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

8. Appendix B - Certificates and Permits: Copies of relevant property certificates, permits, and licenses

9. Appendix C - 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

Property Services

Facility Management

Real Estate Investment

Property Development

Housing Management

Relevant Teams

Legal

Property Management

Operations

Facilities Management

Contract Administration

Real Estate Operations

Compliance

Asset Management

Property Services

Building Operations

Client Relations

Relevant Roles

Property Manager

Real Estate Manager

Facility Manager

Operations Manager

Legal Counsel

Property Management Director

Asset Manager

Building Manager

Real Estate Administrator

Property Services Coordinator

Compliance Officer

Contract Manager

Real Estate Operations Supervisor

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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