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Condominium Management Agreement
"I need a Condominium Management Agreement for a 200-unit luxury development in Singapore's East Coast area, with specific provisions for premium concierge services and smart building management systems to be implemented from March 2025."
1. Parties: Identifies the management corporation and the managing agent
2. Background: Context of the agreement and property details
3. Definitions: Key terms used tHRoughout the agreement including references to BMSMA and other relevant legislation
4. Scope of Services: Detailed description of management services to be provided in accordance with BMSMA requirements
5. Term and Termination: Duration of agreement and termination conditions
6. Fees and Payment Terms: Management fees, payment schedule, and related terms
7. Obligations of the Managing Agent: Specific duties and responsibilities including compliance with BMSMA and other regulatory requirements
8. Obligations of the Management Corporation: Requirements and responsibilities of the property owner
9. Compliance and Reporting: Regulatory compliance requirements and reporting obligations
10. General Provisions: Standard contractual provisions including governing law and dispute resolution
1. Insurance Requirements: Specific insurance coverage requirements beyond statutory minimums
2. Performance Metrics: Specific KPIs and service standards for performance measurement
3. Emergency Procedures: Special procedures for emergencies and crisis management
4. Data Protection Obligations: Specific obligations under PDPA for handling resident data
1. Schedule 1: Property Details: Detailed description of the property and facilities under management
2. Schedule 2: Scope of Services: Detailed breakdown of management services and responsibilities
3. Schedule 3: Fee Schedule: Detailed breakdown of all fees and charges
4. Schedule 4: Service Level Requirements: Specific service standards and performance metrics
5. Appendix A: Emergency Contact List: List of emergency contacts and procedures
6. Appendix B: Maintenance Schedule: Regular maintenance requirements and schedule
7. Appendix C: Relevant Legislation: List of applicable laws and regulations including BMSMA requirements
Authors
Agreement
Annual General Meeting
By-Laws
Common Property
Condominium
Commencement Date
Contract Period
Development
Effective Date
Emergency Services
Facilities
Force Majeure
Management Corporation
Management Corporation Strata Title (MCST)
Management Fee
Managing Agent
Managing Agent Services
Maintenance Charges
Performance Standards
Premises
Property
Relevant Authorities
Service Levels
Sinking Fund
Strata Roll
Subsidiary Proprietor
Term
Working Day
Assignment and Subcontracting
Confidentiality
Conflict of Interest
Data Protection
Dispute Resolution
Duration and Termination
Emergency Services
Fees and Payment
Force Majeure
Governing Law
Health and Safety
Indemnification
Insurance
Intellectual Property
Liability Limitations
Maintenance and Repairs
Management Services
Notice Requirements
Performance Standards
Personnel Requirements
Records and Reporting
Representations and Warranties
Service Level Requirements
Severability
Staff and Contractors
Utilities Management
Variation and Amendment
Waiver
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