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Resident Manager Agreement
"I need a Resident Manager Agreement for a 200-unit luxury apartment complex in Brisbane, where the manager will handle both building management and letting rights, with the agreement to commence on March 1, 2025."
1. Parties: Identification of the principal/owner and the resident manager
2. Background: Context of the agreement, property details, and purpose of the appointment
3. Definitions and Interpretation: Key terms used throughout the agreement and rules for interpretation
4. Appointment and Term: Formal appointment of the manager, commencement date, and duration of the agreement
5. Manager's Duties and Responsibilities: Comprehensive list of core duties including property maintenance, resident relations, and administrative tasks
6. Authority and Limitations: Scope of manager's decision-making power and spending authority
7. Compensation and Fees: Remuneration structure, payment terms, and any performance-based incentives
8. Accommodation Provisions: Details of the manager's residence, including location, maintenance, and usage terms
9. Insurance Requirements: Required insurance coverage for both manager and property
10. Compliance Obligations: Legal and regulatory compliance requirements
11. Reporting Requirements: Regular reporting obligations and documentation requirements
12. Termination Provisions: Grounds for termination, notice periods, and consequences
13. Handover Provisions: Requirements for transition upon termination
14. Dispute Resolution: Process for handling disputes between parties
15. General Provisions: Standard contract clauses including notices, amendments, and governing law
1. Performance Standards: Specific KPIs and performance metrics, used when the owner wants to implement formal performance management
2. Relief Management: Provisions for temporary replacement during manager's absence, needed when relief management is anticipated
3. Training Requirements: Specific training or certification requirements, included when specialized skills are needed
4. Marketing and Letting Services: Additional duties related to rental management, included when the manager also handles letting
5. Body Corporate Interface: Specific provisions for dealing with body corporate matters, needed for strata-titled properties
6. Profit Share Arrangements: Details of any profit-sharing structure, included when compensation includes variable components
7. Personal Guarantees: Required when the manager operates through a company structure
1. Property Details: Comprehensive description of the managed property, including address, facilities, and specific features
2. Duties Schedule: Detailed breakdown of all management duties and frequencies
3. Fee Schedule: Detailed breakdown of all fees, charges, and payment terms
4. Manager's Accommodation Details: Specific details of the manager's unit including floor plan and fixtures
5. Maintenance Schedule: Regular maintenance tasks and schedules
6. Equipment Inventory: List of equipment and assets provided for manager's use
7. Required Insurance Policies: Detailed insurance requirements and minimum coverage levels
8. Performance Metrics: Detailed KPIs and measurement criteria
9. Emergency Procedures: Emergency response protocols and contact information
Authors
Approved Budget
Authority Limits
Body Corporate
Building
Business Day
Business Hours
Commencement Date
Common Property
Compensation
Confidential Information
Core Duties
Emergency
Expiry Date
Facilities
Force Majeure Event
GST
Initial Term
Insurance Requirements
Key Performance Indicators
Laws
Letting Rights
Manager's Residence
Management Rights
Management Services
Notice
Operating Expenses
Owner
Parties
Performance Standards
Permitted Use
Property
Records
Relief Manager
Renewal Term
Reports
Resident Manager
Residents
Schedule of Duties
Service Contractors
Strata Plan
Term
Termination Date
Unit
Working Capital
Term
Renewal
Duties and Responsibilities
Authority Limits
Performance Standards
Compensation
Residential Accommodation
Insurance
Indemnity
Confidentiality
Non-Competition
Compliance
Record Keeping
Reporting
Health and Safety
Property Access
Emergency Procedures
Relief Management
Sub-Contracting
Assignment
Termination
Force Majeure
Dispute Resolution
Notices
Governing Law
Entire Agreement
Severability
Variation
GST
Warranties
Representations
Intellectual Property
Data Protection
Body Corporate Interface
Training and Qualifications
Financial Management
Service Standards
Maintenance Obligations
Working Hours
Leave Entitlements
Real Estate
Property Management
Residential Property
Apartment Buildings
Student Accommodation
Retirement Living
Mixed-Use Developments
Serviced Apartments
Resort Management
Strata Management
Legal
Property Management
Operations
Facilities Management
Human Resources
Asset Management
Compliance
Risk Management
Finance
Residential Services
Resident Manager
Property Manager
Building Manager
Facilities Manager
Operations Manager
Site Manager
Body Corporate Manager
Strata Manager
General Manager - Property
Property Services Director
Asset Manager
Residential Services Manager
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