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Agreement To Manage And Lease (Real Estate)
"I need an Agreement To Manage And Lease (Real Estate) for my portfolio of three commercial office buildings in Amsterdam, to be managed by an international property management firm starting March 2025, with specific provisions for multi-tenant occupancy and cross-border reporting requirements."
1. Parties: Identification of the property owner and the management company, including full legal names, addresses, and registration details
2. Background: Context of the agreement, including property details and the owner's desire to engage the manager for property management and leasing services
3. Definitions: Definitions of key terms used throughout the agreement, including 'Property', 'Management Services', 'Lease', 'Tenants', etc.
4. Appointment and Term: Formal appointment of the manager, duration of the agreement, and renewal terms
5. Management Services: Detailed description of property management services to be provided, including maintenance, repairs, and administrative duties
6. Leasing Authority: Scope of manager's authority to lease the property, including tenant selection criteria and lease negotiation parameters
7. Financial Management: Handling of rent collection, expenses, budgeting, and financial reporting
8. Manager's Compensation: Fee structure, including management fees, leasing commissions, and payment terms
9. Reporting and Communication: Requirements for regular reporting to the owner and communication protocols
10. Insurance and Liability: Insurance requirements and allocation of liability between parties
11. Termination: Grounds for termination, notice requirements, and post-termination obligations
12. General Provisions: Standard legal clauses including governing law, notices, assignment, and amendments
1. Emergency Services: Additional provisions for 24/7 emergency response services, recommended for residential properties
2. Sustainability Management: Special provisions for green building management and sustainability reporting, relevant for environmentally certified buildings
3. Marketing Services: Detailed marketing obligations for properties with high vacancy rates or luxury properties
4. Construction Management: Provisions for managing renovation or construction projects, relevant for properties requiring significant improvements
5. Multi-Property Management: Additional terms for managing multiple properties under one agreement
6. Specialized Facility Management: Specific provisions for managing specialized facilities like retail spaces or industrial properties
1. Property Description: Detailed description of the property, including address, size, facilities, and current condition
2. Management Services Scope: Detailed breakdown of all management services to be provided
3. Fee Schedule: Detailed breakdown of all fees, commissions, and charges
4. Approved Budget: Initial approved operating budget for the property
5. Reporting Templates: Standard formats for various required reports
6. Maintenance Schedule: Planned maintenance schedule and procedures
7. Authorization Matrix: Approval limits and decision-making authority for different types of expenses and actions
8. Key Performance Indicators: Metrics for evaluating management performance
9. Insurance Requirements: Detailed insurance requirements and minimum coverage levels
10. Standard Lease Template: Approved template for lease agreements with tenants
Authors
Property
Premises
Management Services
Lease
Tenant
Common Areas
Commencement Date
Term
Management Fee
Leasing Commission
Operating Expenses
Gross Rental Income
Net Rental Income
Service Charges
Maintenance
Major Repairs
Minor Repairs
Emergency Repairs
Property Manager
Owner
Building
Rent
Security Deposit
Utility Services
Insurance Requirements
Occupancy Rate
Vacant Possession
Business Day
Force Majeure
Applicable Laws
Dutch Civil Code
Municipal Regulations
Operating Budget
Annual Plan
Reporting Period
Performance Standards
Service Level Agreement
Property Management System
Maintenance Schedule
Lease Term
Common Property
Building Systems
Capital Improvements
Operating Account
Reserve Account
Accounting Period
Financial Year
Confidential Information
Personal Data
Scope of Services
Authority and Powers
Term and Renewal
Management Services
Leasing Authority
Financial Management
Fees and Commissions
Rent Collection
Property Maintenance
Emergency Services
Insurance
Liability and Indemnification
Reporting Requirements
Budgeting and Planning
Bank Accounts
Compliance
Health and Safety
Environmental Compliance
Data Protection
Confidentiality
Non-Competition
Intellectual Property
Force Majeure
Termination
Post-Termination Obligations
Assignment
Subcontracting
Notices
Dispute Resolution
Governing Law
Amendment
Severability
Entire Agreement
Third Party Rights
Anti-Corruption
Money Laundering Prevention
Record Keeping
Performance Standards
Service Levels
Employee Matters
Marketing and Promotion
Property Access
Key Management
Utilities Management
Real Estate
Property Management
Facilities Management
Property Development
Commercial Real Estate
Residential Real Estate
Real Estate Investment
Property Services
Asset Management
Legal
Real Estate
Property Management
Operations
Facilities Management
Asset Management
Finance
Compliance
Administration
Leasing
Property Manager
Asset Manager
Real Estate Manager
Facilities Manager
Property Owner
Real Estate Investment Manager
Legal Counsel
Property Portfolio Manager
Operations Manager
Leasing Manager
Real Estate Director
Compliance Officer
Finance Manager
Property Administrator
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