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Condominium Management Agreement Template for United Arab Emirates

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Key Requirements PROMPT example:

Condominium Management Agreement

"I need a Condominium Management Agreement for a new luxury residential tower in Dubai Marina with 200 units, featuring premium amenities including a spa and rooftop pool, with management services to commence from March 1, 2025; the agreement should include comprehensive provisions for high-end security services and concierge operations."

Document background
The Condominium Management Agreement serves as the primary legal framework for professional property management services in the UAE's residential sector. This document is essential when an owners' association seeks to delegate the management and maintenance of common areas and shared facilities to a professional management company. It ensures compliance with UAE federal laws and emirate-specific regulations regarding property management, particularly in Dubai and Abu Dhabi. The agreement typically covers comprehensive services including facility maintenance, financial management, security services, and administrative duties, while adhering to local real estate regulations and RERA guidelines. The document is structured to protect both the owners' interests and define clear responsibilities for the management company, incorporating specific requirements for service charge collection, maintenance standards, and reporting obligations under UAE law.
Suggested Sections

1. Parties: Identification of the property owner/owners' association and the management company, including full legal names and registration details

2. Background: Context of the agreement, description of the property, and purpose of engaging the management company

3. Definitions: Detailed definitions of key terms used throughout the agreement, including 'Common Areas', 'Services', 'Service Charges', etc.

4. Appointment and Term: Formal appointment of the management company, duration of the agreement, and renewal terms

5. Management Company's Duties and Responsibilities: Comprehensive list of services to be provided, including maintenance, security, cleaning, and administrative duties

6. Owner's Association Obligations: Responsibilities and obligations of the owner's association, including access provisions and information sharing

7. Financial Management: Details of budget management, service charge collection, accounting procedures, and financial reporting

8. Staff and Contractors: Requirements for hiring and managing staff and contractors, including compliance with UAE labor laws

9. Insurance and Liability: Insurance requirements and allocation of liability between parties

10. Termination: Grounds for termination, notice periods, and consequences of termination

11. Governing Law and Dispute Resolution: Specification of UAE law as governing law and dispute resolution procedures

Optional Sections

1. Emergency Services: Additional provisions for 24/7 emergency response services, recommended for larger or luxury properties

2. Specialized Facilities Management: Specific provisions for managing specialized facilities like swimming pools, gymnasiums, or smart building systems

3. Green Building Compliance: Special provisions for buildings with green building certifications or sustainability requirements

4. Multiple Owner Provisions: Additional clauses for properties with multiple owners or complex ownership structures

5. Marketing and Leasing Services: Optional provisions for management company to assist with leasing and marketing of units

6. Major Repairs and Renovations: Specific procedures for managing major repair projects or renovations

7. Cultural and Religious Considerations: Special provisions for managing facilities with specific cultural or religious requirements

Suggested Schedules

1. Schedule 1 - Property Details: Detailed description of the property, including floor plans and common areas

2. Schedule 2 - Scope of Services: Detailed breakdown of all management services to be provided

3. Schedule 3 - Fee Structure: Comprehensive fee schedule, including management fees, service charges, and additional fees

4. Schedule 4 - Service Level Agreements: Specific performance metrics and service standards

5. Schedule 5 - Staff Requirements: Detailed staffing requirements including qualifications and duty schedules

6. Schedule 6 - Maintenance Schedule: Planned maintenance schedules for different building systems and facilities

7. Schedule 7 - Emergency Procedures: Detailed emergency response procedures and contact information

8. Schedule 8 - Reporting Templates: Templates for various required reports and documentation

9. Appendix A - Required Permits and Licenses: Copies of all required permits and licenses for property management

10. Appendix B - Insurance Requirements: Detailed insurance requirements and certificates

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions



















































Clauses









































Relevant Industries

Real Estate

Property Management

Facility Management

Construction

Building Maintenance

Security Services

Professional Services

Insurance

Hospitality

Residential Development

Relevant Teams

Legal

Operations

Property Management

Facility Management

Contract Administration

Finance

Compliance

Security

Maintenance

Customer Service

Asset Management

Relevant Roles

Property Manager

Facility Manager

Real Estate Director

Operations Manager

Building Maintenance Supervisor

Legal Counsel

Contract Manager

Asset Manager

Community Manager

Financial Controller

Security Manager

Compliance Officer

Real Estate Partner

Property Services Director

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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