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Building Management Agreement
"I need a Building Management Agreement for a new luxury condominium complex in Singapore with 200 units, requiring comprehensive security services and smart building technology integration, with services to commence from March 1, 2025."
1. Parties: Identification of the property owner/management corporation and the building management company
2. Background: Context of the agreement, property details, and purpose of engagement
3. Definitions: Key terms used throughout the agreement
4. Appointment and Term: Formal appointment of the manager and duration of agreement
5. Scope of Services: Detailed description of management services to be provided
6. Manager's Obligations: Key responsibilities and duties of the building manager
7. Owner's Obligations: Responsibilities and duties of the property owner
8. Fees and Payment Terms: Management fees, payment schedule, and related financial terms
9. Compliance: Regulatory compliance requirements and standards
10. Insurance: Required insurance coverage and obligations
11. Termination: Conditions and procedures for agreement termination
1. Performance Standards: Specific KPIs and service levels for larger properties or when specific performance metrics are required
2. Environmental Management: Green building practices and sustainability measures for buildings with green certifications or environmental commitments
3. Technology Services: Building management systems and technology requirements for smart buildings or properties with advanced technology systems
4. Crisis Management: Procedures for handling emergencies and crises in high-risk or high-occupancy buildings
1. Schedule 1 - Property Details: Detailed description of the property and facilities
2. Schedule 2 - Scope of Services: Detailed breakdown of services to be provided
3. Schedule 3 - Fee Schedule: Detailed breakdown of fees and charges
4. Schedule 4 - Service Levels: Performance metrics and standards
5. Schedule 5 - Staff Requirements: Staffing requirements and qualifications
6. Appendix A - Maintenance Schedule: Planned maintenance schedules and frequencies
7. Appendix B - Emergency Procedures: Emergency response protocols
8. Appendix C - Required Reports: List of required reports and their frequencies
Authors
Applicable Laws
Building
Building Management Services
Building Systems
Commencement Date
Common Property
Contract Year
Effective Date
Emergency
Expiry Date
Fees
Force Majeure
Initial Term
Laws of Singapore
Maintenance
Management Corporation
Manager
Operating Expenses
Owner
Parties
Performance Standards
Premises
Property
Renewal Term
Services
Service Levels
Sinking Fund
Specifications
Staff
Subsidiary Proprietors
Term
Termination Date
Working Day
Working Hours
Term and Renewal
Scope of Services
Manager's Duties and Responsibilities
Owner's Obligations
Performance Standards
Fees and Payment Terms
Staff and Personnel
Compliance with Laws
Insurance and Indemnity
Health and Safety
Emergency Procedures
Maintenance and Repairs
Financial Management
Reporting Requirements
Record Keeping
Confidentiality
Data Protection
Intellectual Property
Force Majeure
Termination
Assignment and Subcontracting
Dispute Resolution
Notices
Governing Law
Liability Limitations
Warranties and Representations
Variation and Amendment
Entire Agreement
Severability
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