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Property Management Contract Agreement
"I need a Property Management Contract Agreement for my 15-story commercial building in Makati City, with particular emphasis on green building maintenance standards and energy efficiency reporting requirements, starting March 1, 2025."
1. Parties: Identifies and provides full details of the property owner and the property management company, including registration numbers and addresses
2. Background: Establishes the context of the agreement, including brief description of the property and the owner's desire to engage professional management services
3. Definitions: Defines key terms used throughout the agreement to ensure clear interpretation
4. Appointment and Term: Formal appointment of the property manager, specifying the initial term and any renewal provisions
5. Scope of Services: Comprehensive list of property management services to be provided, including maintenance, tenant management, and financial responsibilities
6. Property Manager's Responsibilities: Detailed obligations of the property manager, including reporting requirements, maintenance standards, and operational procedures
7. Owner's Responsibilities: Obligations of the property owner, including funding requirements and decision-making authorities
8. Fees and Payment Terms: Management fees, payment schedule, reimbursable expenses, and payment procedures
9. Insurance and Liability: Required insurance coverage and allocation of liability between parties
10. Termination: Grounds for termination, notice requirements, and post-termination obligations
11. Confidentiality: Obligations regarding confidential information and data protection
12. General Provisions: Standard clauses including governing law, dispute resolution, force majeure, and notices
1. Emergency Services: Details specific procedures and authorities for emergency situations - include for properties requiring 24/7 emergency response
2. Special Facilities Management: For properties with special facilities like swimming pools, gyms, or function rooms - details specific management requirements
3. Marketing Services: Include when the property manager is responsible for marketing vacant units or the property itself
4. Development and Renovation: For properties planning major renovations or development projects - outlines additional responsibilities and procedures
5. Staff Management: When the property requires on-site staff - details hiring, supervision, and management responsibilities
6. Environmental Compliance: For properties requiring specific environmental management or certification
7. Security Services: Detailed security requirements for high-security properties or those in sensitive locations
1. Property Details: Detailed description of the property, including address, land title details, and physical characteristics
2. Scope of Services Matrix: Detailed breakdown of services with responsibility matrix between owner and manager
3. Fee Schedule: Detailed breakdown of all fees, charges, and commission structures
4. Key Performance Indicators: Performance metrics and standards for evaluating property management services
5. Operating Budget: Initial or sample annual operating budget for the property
6. Maintenance Schedule: Preventive maintenance schedule and procedures
7. Emergency Procedures: Detailed emergency response procedures and contact information
8. Required Insurance: Specific insurance requirements including types of coverage and minimum amounts
9. Property Staff Structure: Organization chart and job descriptions for on-site staff
10. Report Templates: Templates for required periodic reports and documentation
Authors
Applicable Laws
Approved Budget
Building Rules and Regulations
Common Areas
Commencement Date
Confidential Information
Emergency
Effective Date
Facilities
Force Majeure
Gross Operating Income
Initial Term
Improvements
Management Fee
Management Services
Net Operating Income
Operating Expenses
Operating Hours
Owner
Owner's Representative
Performance Standards
Premises
Property
Property Manager
Property Management Services
Renewal Term
Rent
Service Charge
Service Providers
Tenants
Term
Termination Date
Utilities
Working Day
Security Deposit
Maintenance
Preventive Maintenance
Regular Reports
Operating Account
Reserve Fund
Insurance Requirements
Lease Agreement
Managing Director
Building Systems
Term and Renewal
Scope of Services
Property Manager Duties
Owner Obligations
Fees and Payments
Operating Budget
Financial Management
Maintenance and Repairs
Emergency Services
Insurance Requirements
Liability and Indemnification
Representations and Warranties
Record Keeping
Reporting Requirements
Confidentiality
Data Protection
Intellectual Property
Non-Competition
Force Majeure
Assignment
Subcontracting
Termination
Post-Termination Obligations
Dispute Resolution
Governing Law
Notices
Entire Agreement
Severability
Amendment
Waiver
Compliance with Laws
Health and Safety
Environmental Compliance
Anti-Money Laundering
Authority and Capacity
Staff Management
Security Measures
Property Access
Tenant Relations
Marketing Services
Performance Standards
Quality Assurance
Real Estate
Commercial Property
Residential Property
Retail Property
Industrial Property
Hospitality
Office Space Management
Mixed-Use Development
Shopping Center Management
Condominium Management
Facility Management
Property Development
Legal
Operations
Property Management
Asset Management
Facilities Management
Finance
Compliance
Real Estate
Maintenance
Administrative
Contract Management
Risk Management
Property Manager
Real Estate Manager
Facility Manager
Building Manager
Asset Manager
Operations Manager
Legal Counsel
Real Estate Director
Property Management Executive
Leasing Manager
Maintenance Manager
Financial Controller
Contract Administrator
Real Estate Services Director
Compliance Officer
Property Owner
Building Administrator
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