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Property Manager Employment Contract
"I need a Property Manager Employment Contract for hiring a senior property manager to oversee a portfolio of five commercial buildings in Toronto, starting March 1, 2025, with special emphasis on sustainability initiatives and a performance-based bonus structure."
1. Parties: Identification of the employer and employee with full legal names and addresses
2. Background: Context of the employment relationship and brief description of the employer's business
3. Definitions: Key terms used throughout the agreement including Property, Services, Management Fee, etc.
4. Appointment and Term: Official appointment as property manager and duration of employment
5. Duties and Responsibilities: Detailed description of the property manager's roles, responsibilities, and scope of authority
6. Work Location and Hours: Primary work location, regular working hours, and flexibility requirements
7. Compensation and Benefits: Base salary, payment schedule, benefits package, and any standard bonuses
8. Reporting Structure: Lines of reporting and supervision requirements
9. Property Management Authority: Scope of financial and operational decision-making authority
10. Confidentiality and Privacy: Obligations regarding tenant, property, and company information
11. Non-Competition and Non-Solicitation: Restrictions on competing activities during and after employment
12. Termination: Conditions and processes for ending the employment relationship
13. General Provisions: Standard contract clauses including governing law, amendments, and notices
1. Housing Provision: Terms related to any provided accommodation as part of employment
2. Vehicle Allowance: Terms regarding company vehicle or vehicle allowance if provided
3. Performance Bonus Structure: Details of any performance-based bonus or commission system
4. Emergency Response Duties: Special provisions for after-hours emergency response if required
5. Travel Requirements: Terms related to travel between multiple properties if applicable
6. Professional Development: Provisions for licensing, continuing education, and professional memberships
7. Relocation Assistance: Terms of any relocation support if position requires moving
1. Schedule A - Managed Properties: List and details of properties under the manager's responsibility
2. Schedule B - Compensation Details: Detailed breakdown of salary, benefits, and bonus structures
3. Schedule C - Benefits Package: Comprehensive description of all benefits and eligibility requirements
4. Schedule D - Job Description: Detailed job description and performance expectations
5. Schedule E - Approval Limits: Specific financial and operational approval limits
6. Appendix 1 - Company Policies: Reference to relevant company policies and procedures
7. Appendix 2 - Emergency Procedures: Emergency response protocols and contact information
Authors
Real Estate
Property Management
Commercial Real Estate
Residential Real Estate
Retail Property Management
Industrial Property Management
Mixed-Use Development
Facilities Management
Asset Management
Property Development
Building Management
Real Estate Investment
Human Resources
Legal
Property Operations
Asset Management
Facilities Management
Risk Management
Finance
Compliance
Real Estate Operations
Administration
Property Manager
Senior Property Manager
Assistant Property Manager
Regional Property Manager
Property Management Director
Site Manager
Facility Manager
Building Manager
Property Operations Manager
Asset Manager
Property Management Coordinator
Residential Property Manager
Commercial Property Manager
Portfolio Manager
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