Residential Property Management Contract Template for Indonesia

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Key Requirements PROMPT example:

Residential Property Management Contract

"I need a Residential Property Management Contract for a 200-unit luxury apartment complex in Jakarta, starting March 2025, with comprehensive services including maintenance, security, and common area management, plus specific provisions for a swimming pool and gym facilities."

Document background
The Residential Property Management Contract is essential for property owners seeking professional management services for their residential properties in Indonesia. This document is particularly relevant in urban areas where professional property management is increasingly important for maintaining property values and ensuring compliance with local regulations. It is structured to comply with Indonesian property laws, including the Civil Code (KUH Perdata), Law No. 20 of 2011 on Apartments, and relevant local building regulations. The contract typically includes comprehensive provisions for property maintenance, financial management, reporting requirements, and service standards. It is commonly used for apartment buildings, residential complexes, and individual high-value properties where professional management is required. The document serves as a crucial tool for establishing clear responsibilities, service expectations, and accountability measures between property owners and management companies.
Suggested Sections

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

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

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

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

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

6. Manager's Obligations: Specific duties and responsibilities of the property manager

7. Owner's Obligations: Responsibilities and obligations of the property owner

8. Fees and Payment Terms: Management fees, payment schedule, and other financial arrangements

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

10. Financial Reporting: Requirements for financial reports, accounting procedures, and documentation

11. Insurance Requirements: Insurance obligations for both parties

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

13. Dispute Resolution: Procedures for handling disputes between parties

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

15. General Provisions: Standard contract clauses including notices, amendments, and entire agreement

Optional Sections

1. Staff Management: Details of on-site staff management if the property requires dedicated personnel

2. Marketing and Leasing: Include when the property manager is responsible for tenant acquisition and management

3. Utilities Management: Specific provisions for managing utility services and payments

4. Security Services: Details of security arrangements if required for the property

5. Common Area Management: For properties with shared facilities or common areas

6. Environmental Compliance: Specific environmental management requirements for properties with special environmental considerations

7. Asset Management: Additional provisions for long-term asset value preservation and enhancement

8. Emergency Procedures: Detailed emergency response procedures for high-risk or large properties

Suggested Schedules

1. Property Details: Detailed description of the property including address, size, facilities, and condition report

2. Scope of Services Schedule: Detailed breakdown of all management services to be provided

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

4. Maintenance Schedule: Planned maintenance schedule and procedures

5. Key Performance Indicators: Metrics for evaluating property manager's performance

6. Emergency Contact List: List of emergency contacts and procedures

7. Insurance Requirements: Detailed insurance requirements and coverage specifications

8. Required Reports and Forms: Templates and examples of required reporting documents

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

Facilities Management

Residential Housing

Property Development

Property Investment

Building Maintenance

Property Services

Relevant Teams

Legal

Property Management

Operations

Facilities Management

Asset Management

Finance

Maintenance

Administration

Risk Management

Compliance

Contract Management

Relevant Roles

Property Manager

Facility Manager

Real Estate Manager

Building Superintendent

Asset Manager

Operations Manager

Maintenance Supervisor

Property Administrator

Legal Counsel

Financial Controller

Resident Manager

Contract Administrator

Risk Management Officer

Property Services Director

Compliance Officer

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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