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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 brief description of the property and the owner's desire to engage professional management services
3. Definitions: Detailed 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. Property Manager's Duties and Responsibilities: Comprehensive list of services to be provided, including maintenance, tenant management, financial management, and reporting
6. Owner's Responsibilities: Obligations of the property owner, including provision of necessary documents, insurance, and funding for operations
7. Financial Management: Details of rent collection, operating accounts, budgeting, and financial reporting requirements
8. Fees and Compensation: Management fees, payment terms, and reimbursable expenses
9. Insurance and Liability: Required insurance coverage and allocation of liability between parties
10. Compliance with Laws: Obligation to comply with relevant Philippines laws, regulations, and local ordinances
11. Termination: Grounds for termination, notice requirements, and post-termination obligations
12. General Provisions: Standard clauses including governing law, dispute resolution, force majeure, and notices
1. Emergency Services: Additional provisions for 24/7 emergency response services, typically included for residential or high-rise properties
2. Security Services: Detailed security arrangements, recommended for commercial properties or high-end residential complexes
3. Marketing and Leasing Services: Specific provisions for vacancy marketing and tenant acquisition, useful when property manager handles leasing
4. Construction Management: Provisions for overseeing renovation or construction projects, included when significant works are planned
5. Green Building Management: Special provisions for managing environmentally certified buildings or implementing sustainability practices
6. Amenity Management: Specific provisions for managing common facilities like swimming pools, gyms, or function rooms
1. Property Details: Detailed description of the property, including address, land title details, and physical characteristics
2. Scope of Services: Detailed breakdown of all management services to be provided
3. Fee Schedule: Detailed breakdown of all fees, charges, and payment terms
4. Maintenance Schedule: Regular maintenance tasks and their frequencies
5. Required Insurance: Specific insurance policies and coverage amounts required
6. Key Performance Indicators: Metrics for evaluating property manager's performance
7. Emergency Procedures: Detailed protocols for various emergency situations
8. Approved Vendors List: Pre-approved contractors and service providers
9. Reporting Templates: Standard formats for various required reports
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