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Managing Agent Contract
"I need a Managing Agent Contract for a 50-unit residential complex in Singapore, with specific provisions for security services and a dedicated on-site property manager, starting from March 2025."
1. Parties: Identification of the property owner/management corporation and managing agent
2. Background: Context of the appointment and property details
3. Definitions: Key terms used tHRoughout the agreement
4. Appointment and Term: Scope of appointment and duration of services
5. Duties and Responsibilities: Detailed description of managing agent's obligations
6. Fees and Payment Terms: Compensation structure and payment schedule
7. Standard of Performance: Expected service levels and quality metrics
8. Termination: Conditions for contract termination
1. Performance Bonds: Security deposits and guarantees - recommended for high-value contracts or when required by property owner
2. Insurance Requirements: Specific insurance coverage requirements - recommended when managing agent needs to maintain specific insurance policies
3. Staff Requirements: Specific staffing levels and qualifications - recommended for larger properties requiring dedicated staff
1. Schedule of Properties: Details of managed properties and facilities
2. Schedule of Fees: Detailed breakdown of management fees and charges
3. Service Level Agreement: Specific performance metrics and standards
4. Staff Organization Chart: Proposed staffing structure and reporting lines
5. Emergency Procedures: Standard operating procedures for emergencies
6. Maintenance Schedule: Planned maintenance activities and frequencies
Authors
Applicable Laws
Building
Building Management Committee
Commencement Date
Common Property
Confidential Information
Contract Period
Fees
Force Majeure
Maintenance Charges
Management Corporation
Managing Agent
Management Services
Notice
Operating Hours
Parties
Performance Standards
Premises
Property
Service Level Requirements
Sinking Fund
Specifications
Staff
Subsidiary Proprietors
Term
Termination Date
Working Day
Authority and Powers
Scope of Services
Duties and Responsibilities
Standard of Performance
Staff and Personnel
Fees and Payment
Insurance
Indemnity
Liability
Confidentiality
Data Protection
Health and Safety
Compliance with Laws
Record Keeping
Reporting Requirements
Property Access
Maintenance and Repairs
Emergency Services
Subcontracting
Assignment
Force Majeure
Termination
Post-Termination Obligations
Dispute Resolution
Notices
Governing Law
Entire Agreement
Severability
Amendments
Third Party Rights
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