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Property Management Agreement
"I need a Property Management Agreement under German law for a mixed-use commercial and residential building in Berlin, with specific provisions for sustainability management and EV charging facilities, to be effective from March 1, 2025."
1. Parties: Identification of the property owner(s) and the property management company, including full legal names, addresses, and registration details
2. Background: Context of the agreement, including property details and purpose of the management arrangement
3. Definitions: Key terms used throughout the agreement, ensuring clarity and consistent interpretation
4. Appointment and Term: Formal appointment of the property manager, duration of the agreement, and renewal terms
5. Scope of Services: Comprehensive list of core property management services to be provided
6. Manager's Obligations: Detailed responsibilities and duties of the property manager, including reporting requirements and standard of care
7. Owner's Obligations: Responsibilities of the property owner, including provision of information and cooperation requirements
8. Fees and Payment Terms: Management fees, payment schedule, and reimbursement of expenses
9. Insurance and Liability: Required insurance coverage and allocation of liability between parties
10. Data Protection: GDPR compliance measures and data handling procedures
11. Termination: Grounds for termination, notice periods, and post-termination obligations
12. Governing Law and Jurisdiction: Confirmation of German law application and jurisdiction for disputes
1. Emergency Services: Additional provisions for 24/7 emergency response services, used when the property requires round-the-clock availability
2. Construction Management: Specific provisions for overseeing renovation or construction projects, included when significant works are planned
3. Marketing Services: Terms for marketing vacant units, included for commercial properties or residential complexes with high turnover
4. Special Requirements for Commercial Properties: Additional provisions specific to commercial property management, used when managing business premises
5. Sustainability Management: Specific provisions for environmental and sustainability initiatives, included when the property has green building certifications or requirements
6. Staff Management: Terms regarding on-site staff management, included when the property requires dedicated personnel
7. Asset Management Services: Enhanced provisions for strategic asset management, used for large commercial portfolios
1. Property Details: Detailed description of the managed property, including address, size, facilities, and specific features
2. Fee Schedule: Detailed breakdown of all management fees, additional service charges, and payment terms
3. Service Level Agreement: Specific performance metrics and service standards
4. Maintenance Schedule: Planned maintenance programs and schedules for regular inspections
5. Emergency Procedures: Detailed protocols for handling various types of emergencies
6. Required Insurance Coverage: Specific insurance requirements and minimum coverage amounts
7. Reporting Templates: Standard formats for various required reports and documentation
8. Contact List: Key contacts including emergency services, preferred contractors, and stakeholders
9. Power of Attorney: Format and scope of power of attorney granted to the property manager
Authors
Property
Common Areas
Services
Additional Services
Manager
Owner
Commencement Date
Term
Management Fee
Operating Expenses
Betriebskosten
Service Charges
Maintenance
Repair Works
Emergency
Business Day
Confidential Information
Force Majeure
Applicable Laws
WEG
Property Management Services
Reporting Period
Service Level Requirements
Building Systems
Operating Account
Reserve Account
Contractors
Service Providers
Tenants
Lease Agreements
Insurance Requirements
Personal Data
Data Protection Laws
Authorized Representative
Building Rules
Maintenance Schedule
Annual Budget
Accounting Period
Security Deposit
Operating Manual
Expert
Material Breach
Termination Date
Handover Protocol
Performance Standards
Utility Services
Property Records
Term and Renewal
Scope of Services
Authority and Powers
Duties and Responsibilities
Standard of Care
Compliance
Financial Management
Reporting and Records
Insurance
Liability and Indemnification
Fees and Expenses
Payment Terms
Property Maintenance
Emergency Services
Health and Safety
Confidentiality
Data Protection
Force Majeure
Assignment and Delegation
Termination
Post-Termination Obligations
Notices
Dispute Resolution
Governing Law
Severability
Entire Agreement
Amendment
Third Party Rights
Anti-Corruption
Environmental Compliance
Staff and Personnel
Subcontracting
Audit Rights
Intellectual Property
Warranties and Representations
Property Access
Emergency Procedures
Service Level Requirements
Conflict of Interest
Risk Management
Real Estate
Property Management
Facilities Management
Commercial Property
Residential Property
Property Development
Professional Services
Building Management
Asset Management
Legal
Real Estate
Property Management
Operations
Facilities Management
Asset Management
Contract Administration
Compliance
Finance
Maintenance
Client Services
Property Manager
Asset Manager
Facility Manager
Real Estate Manager
Operations Director
Property Management Director
Building Manager
Real Estate Portfolio Manager
Property Administrator
Maintenance Coordinator
Legal Counsel
Contract Manager
Real Estate Investment Manager
Property Services Director
Compliance Officer
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