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Management Rights Agreement
"Need a Management Rights Agreement for a new luxury condominium complex in Singapore's East Coast area, where we'll appoint ABC Management Pte Ltd as the facility manager starting March 2025, with specific provisions for pool maintenance and security services."
1. Parties: Identification and details of the contracting parties
2. Background: Context and purpose of the management rights agreement
3. Definitions: Key terms used throughout the agreement
4. Grant of Management Rights: Scope and nature of management rights being granted
5. Term and Renewal: Duration of the agreement and renewal provisions
6. Obligations of Manager: Detailed responsibilities and duties of the management rights holder
7. Fees and Payment Terms: Financial arrangements and payment structures
8. Termination: Circumstances and procedures for ending the agreement
1. Property Management Provisions: Specific terms for property management when management rights include property management responsibilities
2. Staff Management: Terms relating to employment and staff supervision when the manager will be responsible for staff
3. Marketing and Promotion: Terms relating to promotional activities when management rights include marketing responsibilities
4. Environmental Compliance: Environmental obligations and sustainability requirements when management involves environmental considerations
1. Schedule 1 - Property Details: Detailed description of managed property/assets
2. Schedule 2 - Fee Structure: Detailed breakdown of management fees and payment terms
3. Schedule 3 - Service Level Requirements: Specific performance metrics and standards
4. Schedule 4 - Operating Procedures: Standard operating procedures and protocols
5. Appendix A - Required Reports: Templates and requirements for regular reporting
6. Appendix B - Insurance Requirements: Details of required insurance coverage
Authors
Applicable Laws
Body Corporate
Business Day
Commencement Date
Common Property
Confidential Information
Effective Date
Facility
Force Majeure Event
Gross Revenue
Initial Term
Management Fee
Management Rights
Management Services
Manager
Operating Expenses
Owner
Parties
Performance Standards
Permits
Premises
Property
Renewal Term
Service Levels
Strata Title
Term
Territory
Working Hours
Year
Term and Renewal
Management Services
Manager's Obligations
Owner's Obligations
Fees and Payment Terms
Performance Standards
Compliance
Insurance
Maintenance and Repairs
Staff and Employment
Financial Records and Reporting
Confidentiality
Intellectual Property
Representations and Warranties
Indemnification
Force Majeure
Assignment and Subcontracting
Termination
Default and Remedies
Dispute Resolution
Notices
Governing Law
Entire Agreement
Amendments
Severability
Health and Safety
Environmental Compliance
Data Protection
Anti-Bribery and Corruption
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