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Real Estate Management Contract
"I need a Real Estate Management Contract for a newly acquired 30-unit residential complex in Singapore's East Coast area, with services to commence from March 1, 2025, including comprehensive maintenance, tenant management, and financial reporting services."
1. Parties: Identification of the property owner/principal and the property management company
2. Background: Context of the agreement and description of the property
3. Definitions: Key terms used tHRoughout the agreement
4. Appointment and Term: Scope of appointment and duration of the management contract
5. Services: Detailed description of property management services to be provided
6. Fees and Payment Terms: Management fees, payment schedule, and additional charges
7. Obligations of the Manager: Responsibilities and duties of the property management company
8. Obligations of the Owner: Responsibilities and duties of the property owner
9. Insurance: Required insurance coverage and responsibilities
10. Termination: Conditions and procedures for contract termination
1. Performance Standards: Specific KPIs and service levels (for larger properties or when specific performance metrics are required)
2. Staff Management: Requirements for on-site staff and their management (when the property requires dedicated staff)
3. Environmental Compliance: Specific environmental management requirements (for properties with specific environmental concerns or certifications)
4. Technology and Systems: Requirements for property management software and systems (when specific technology solutions are required)
5. Crisis Management: Procedures for handling emergencies (for high-risk properties or when specifically requested)
1. Schedule 1 - Property Details: Detailed description of the property including floor plans and facilities
2. Schedule 2 - Service Level Agreement: Detailed specifications of services and performance standards
3. Schedule 3 - Fee Schedule: Detailed breakdown of all fees and charges
4. Schedule 4 - Maintenance Schedule: Planned maintenance activities and frequencies
5. Schedule 5 - Emergency Procedures: Detailed emergency response procedures
6. Schedule 6 - Insurance Requirements: Detailed insurance specifications and coverage requirements
7. Schedule 7 - Staff Organization Chart: Structure and roles of management staff
8. Schedule 8 - Reporting Templates: Standard formats for various required reports
Authors
Applicable Laws
Building
Building Systems
Commencement Date
Common Areas
Confidential Information
Contractors
Emergency
Expiry Date
Facilities
Force Majeure
Governing Law
Initial Term
Insurance Requirements
Management Fee
Management Services
Operating Expenses
Owner
Party/Parties
Performance Standards
Premises
Property
Property Manager
Renewal Term
Service Providers
Services
Singapore Dollar
Term
Termination Date
Working Day
Building Rules
Maintenance Schedule
Operating Budget
Sinking Fund
Staff
Tenants
Utilities
Management Report
Security Deposit
Service Level Agreement
Scope of Services
Term and Renewal
Management Fees
Payment Terms
Performance Standards
Duties and Responsibilities
Property Access
Maintenance and Repairs
Financial Management
Reporting Requirements
Insurance
Liability and Indemnification
Force Majeure
Termination
Assignment
Confidentiality
Data Protection
Health and Safety
Environmental Compliance
Regulatory Compliance
Staff Management
Emergency Procedures
Dispute Resolution
Notice Requirements
Subcontracting
Records Maintenance
Warranties and Representations
Intellectual Property
Governing Law
Amendments
Severability
Entire Agreement
Third Party Rights
Anti-Corruption
Non-Solicitation
Budget and Expenditure
Service Level Standards
Audit Rights
Conflict of Interest
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