Resident Manager Contract for the United States

Resident Manager Contract Template for United States

A Resident Manager Contract is a legal agreement used in the United States that establishes the terms and conditions of employment for an individual who both lives and works on a property as its manager. The document outlines duties, compensation (including housing arrangements), work schedules, and responsibilities while ensuring compliance with federal and state employment laws, including FLSA requirements and state-specific labor regulations.

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What is a Resident Manager Contract?

The Resident Manager Contract serves as a crucial document in property management operations across the United States. This agreement is typically used when property owners or management companies need to hire an individual who will both live and work on-site to manage residential or commercial properties. The contract addresses unique aspects of the position, including the dual nature of the employment relationship where housing is part of the compensation package. It must comply with various federal regulations, including the Fair Labor Standards Act, as well as state-specific employment and housing laws. A well-drafted Resident Manager Contract helps prevent disputes by clearly defining roles, responsibilities, compensation, and the terms of both the employment and housing arrangements.

What sections should be included in a Resident Manager Contract?

1. Parties: Identification of the property owner/company and resident manager

2. Background: Context of the agreement and property details

3. Definitions: Key terms used throughout the agreement

4. Duties and Responsibilities: Detailed description of resident manager's roles and obligations

5. Compensation: Salary, benefits, and housing arrangements details

6. Work Schedule: Working hours, on-call requirements, and time-off provisions

7. Term and Termination: Duration of agreement and conditions for termination

What sections are optional to include in a Resident Manager Contract?

1. Performance Reviews: Details of evaluation criteria, timing, and review process

2. Training Requirements: Required certifications, ongoing education, and professional development requirements

3. Emergency Procedures: Protocols and procedures for handling emergency situations

What schedules should be included in a Resident Manager Contract?

1. Schedule A - Job Description: Comprehensive list of duties, responsibilities, and performance expectations

2. Schedule B - Property Details: Specific information about the managed property including address, units, and facilities

3. Schedule C - Compensation Schedule: Detailed breakdown of salary, benefits, housing arrangement, and any performance-based incentives

4. Schedule D - Building Rules and Regulations: Property-specific policies, procedures, and regulations that the resident manager must enforce

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

United States

Publisher

Genie AI

Cost

Free to use
Relevant legal definitions
Clauses
Industries

Fair Labor Standards Act (FLSA): Federal legislation governing minimum wage, overtime pay, and record-keeping requirements for employees

Fair Housing Act: Federal law prohibiting discrimination in housing transactions based on protected characteristics

Americans with Disabilities Act (ADA): Federal law requiring reasonable accommodations for individuals with disabilities in housing and employment

Immigration Reform and Control Act: Federal law requiring verification of employment eligibility for all employees

State Labor Laws: State-specific regulations governing minimum wage, overtime, breaks, and rest periods that may exceed federal requirements

State Landlord-Tenant Laws: State-specific regulations governing the rights and responsibilities of landlords and tenants

Property Management Regulations: State and local requirements for property management licensing, real estate laws, and housing codes

Tax Regulations: IRS and state tax requirements regarding employee classification and treatment of housing as compensation

Worker's Compensation Laws: State-specific requirements for worker's compensation insurance and occupational safety regulations

Privacy Laws: Federal and state regulations governing the handling and protection of tenant and employee personal information

Insurance Requirements: State-specific insurance requirements and liability coverage specifications for property managers

Municipal Codes: Local building codes, health and safety regulations, and zoning requirements affecting property management

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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