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Commercial Property Management Agreement
"I need a Commercial Property Management Agreement for a multi-tenant office building in Auckland, New Zealand, with specific provisions for sustainability reporting and green building management, to commence from March 2025."
1. Parties: Identification of the property owner and the property management company, including full legal names and contact details
2. Background: Context of the agreement, including brief description of the property and purpose of the management arrangement
3. Definitions: Detailed definitions of key terms used throughout the agreement
4. Appointment and Term: Formal appointment of the property manager, duration of the agreement, and renewal terms
5. Property Manager's Services: Comprehensive list of core services to be provided by the property manager
6. Property Manager's Authority: Scope of the manager's decision-making authority and spending limits
7. Owner's Obligations: Responsibilities and obligations of the property owner
8. Fees and Expenses: Detailed breakdown of management fees, commission structures, and reimbursable expenses
9. Financial Management: Procedures for rent collection, accounting, reporting, and handling of operating expenses
10. Insurance and Liability: Insurance requirements and allocation of liability between parties
11. Termination: Conditions and procedures for terminating the agreement
12. Dispute Resolution: Process for handling disputes between parties
13. General Provisions: Standard contract clauses including governing law, notices, and amendments
1. Multiple Property Management: Additional terms for managing multiple properties under the same agreement
2. Specialised Facilities Management: Specific provisions for properties with specialized facilities or equipment
3. Development and Construction Management: Terms for overseeing property improvements or development projects
4. Environmental Compliance: Specific obligations regarding environmental management and compliance
5. Body Corporate Management: Additional terms for properties subject to body corporate arrangements
6. Marketing and Leasing Services: Detailed terms for tenant procurement and marketing services if included
7. Emergency Response Procedures: Specific procedures for handling emergency situations
8. Staff Management: Terms regarding on-site staff management if applicable
1. Schedule 1 - Property Details: Detailed description of the managed property, including address, title details, and specific features
2. Schedule 2 - Fee Schedule: Comprehensive breakdown of all fees, charges, and commission structures
3. Schedule 3 - Scope of Services: Detailed list of included and excluded property management services
4. Schedule 4 - Key Performance Indicators: Specific performance metrics and reporting requirements
5. Schedule 5 - Authorized Expenditure Limits: Detailed breakdown of spending authorities and approval requirements
6. Schedule 6 - Reporting Requirements: Templates and frequencies for required reports and financial statements
7. Schedule 7 - Emergency Contacts: List of emergency contacts and procedures
8. Appendix A - Property Management Software and Systems: Details of property management systems to be used
9. Appendix B - Maintenance Contractors: Approved contractors and service providers
10. Appendix C - Insurance Certificates: Copies of required insurance certificates
Authors
Agreed Services
Authorised Representative
Building
Business Day
Commencement Date
Common Areas
Confidential Information
Emergency
Emergency Works
Expenditure Limit
Fees
Financial Year
Force Majeure Event
Gross Operating Income
GST
Insolvency Event
Insurance Policies
Key Performance Indicators
Lease
Maintenance
Management Fee
Net Operating Income
Operating Account
Operating Expenses
Owner
Owner's Representatives
Permitted Use
Premises
Property
Property Manager
Property Management Services
Qualifying Tenant
Related Company
Rent
Reporting Period
Security Deposit
Service Providers
Service Standards
Tenancy Agreement
Tenant
Term
Termination Date
Trust Account
Utilities
Working Capital
Term and Renewal
Services Scope
Authority Levels
Financial Management
Fees and Expenses
Property Maintenance
Insurance
Indemnification
Health and Safety
Compliance
Reporting
Confidentiality
Data Protection
Intellectual Property
Non-Competition
Force Majeure
Assignment
Subcontracting
Termination
Notice
Dispute Resolution
Governing Law
Entire Agreement
Severability
Variation
GST
Trust Account Management
Emergency Procedures
Record Keeping
Tenant Management
Property Access
Contractors Management
Performance Standards
Budget Management
Risk Management
Environmental Compliance
Agency
Warranties
Limitation of Liability
Commercial Real Estate
Property Management
Facility Management
Real Estate Investment
Commercial Property Development
Property Services
Building Management
Asset Management
Professional Services
Commercial Leasing
Legal
Operations
Property Management
Asset Management
Finance
Compliance
Risk Management
Facilities Management
Contract Administration
Business Development
Real Estate
Property Manager
Facility Manager
Asset Manager
Real Estate Manager
Operations Manager
Commercial Property Director
Legal Counsel
Contract Manager
Building Manager
Portfolio Manager
Property Services Director
Compliance Officer
Finance Manager
Regional Property Manager
Managing Director
Chief Operating Officer
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