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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."
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
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
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
Agency
Applicable Laws
Authorized Representative
Building
Business Day
Commencement Date
Common Areas
Confidential Information
Emergency
Emergency Services
Expiry Date
Facilities
Force Majeure Event
Initial Term
Insurance Requirements
Maintenance
Management Fee
Management Services
Operating Expenses
Owner
Owner's Representative
Parties
Performance Standards
Premises
Property
Property Manager
Renewal Term
Repair
Reporting Period
Service Charges
Service Providers
Term
Termination Date
Utilities
Scope of Services
Term and Renewal
Management Fees
Payment Terms
Property Manager's Duties
Owner's Obligations
Maintenance and Repairs
Emergency Services
Financial Management
Reporting Requirements
Insurance
Liability and Indemnification
Confidentiality
Data Protection
Force Majeure
Termination
Post-Termination Obligations
Assignment
Subcontracting
Representations and Warranties
Compliance with Laws
Health and Safety
Environmental Compliance
Staff Management
Record Keeping
Audit Rights
Dispute Resolution
Governing Law
Notices
Severability
Entire Agreement
Amendment
Third Party Rights
Anti-Corruption
Language
Real Estate
Property Management
Residential Property
Property Services
Facility Management
Real Estate Investment
Property Development
Housing Management
Legal
Property Management
Operations
Facilities Management
Contract Administration
Real Estate Operations
Compliance
Asset Management
Property Services
Building Operations
Client Relations
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
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