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Lease Management Contract
"I need a Lease Management Contract for a portfolio of five luxury residential buildings in Geneva, Switzerland, starting from March 2025, with specific provisions for sustainability reporting and high-end amenity management."
1. Parties: Identification of the property owner and the property management company, including full legal names, addresses, and registration details
2. Background: Context of the agreement, including brief description of the property and the owner's intention to delegate management responsibilities
3. Definitions: Key terms used throughout the agreement, including 'Property', 'Services', 'Management Fee', etc.
4. Appointment and Term: Formal appointment of the property manager, duration of the agreement, and renewal terms
5. Scope of Services: Comprehensive list of property management services to be provided, including tenant management, maintenance, and financial administration
6. Manager's Obligations: Detailed responsibilities and duties of the property manager, including reporting requirements and standard of care
7. Owner's Obligations: Responsibilities of the property owner, including provision of necessary documentation and funding
8. Fees and Payment Terms: Management fees, payment schedule, expense reimbursement, and handling of property income
9. Authority and Powers: Extent of manager's authority to act on behalf of the owner, including spending limits and decision-making powers
10. Reporting and Accounting: Requirements for financial reporting, property performance reports, and accounting procedures
11. Insurance and Liability: Insurance requirements and allocation of liability between parties
12. Termination: Grounds for termination, notice periods, and post-termination obligations
13. Confidentiality: Protection of confidential information and data protection obligations
14. Governing Law and Jurisdiction: Confirmation of Swiss law application and jurisdiction for dispute resolution
1. Emergency Services: Additional provisions for 24/7 emergency response services, recommended for residential properties
2. Marketing Services: Specific provisions for marketing vacant units, recommended when the property has high vacancy rates
3. Construction Management: Additional provisions for overseeing renovation or construction projects, used when major works are planned
4. Multi-Property Management: Special provisions for managing multiple properties, used when the owner has a portfolio of properties
5. Sustainability Management: Provisions for environmental and sustainability initiatives, recommended for modern commercial properties
6. Staff Management: Provisions regarding on-site staff management, used for larger properties requiring dedicated personnel
7. Special Use Provisions: Specific requirements for special-use properties like retail centers or industrial facilities
1. Schedule 1 - Property Details: Detailed description of the managed property/properties, including address, size, and facilities
2. Schedule 2 - Fee Schedule: Detailed breakdown of management fees, additional service fees, and payment terms
3. Schedule 3 - Service Level Agreement: Specific performance metrics and service standards for the property manager
4. Schedule 4 - Authorized Personnel: List of key personnel authorized to act on behalf of both parties
5. Schedule 5 - Reporting Templates: Standard formats for required regular reports and financial statements
6. Schedule 6 - Emergency Procedures: Detailed procedures for handling various types of emergencies
7. Schedule 7 - Maintenance Schedule: Planned maintenance program and procedures for the property
8. Appendix A - Power of Attorney: Legal document defining the manager's authority to act on behalf of the owner
9. Appendix B - Insurance Requirements: Detailed insurance specifications and coverage requirements
Authors
Real Estate
Property Management
Commercial Real Estate
Residential Real Estate
Industrial Real Estate
Retail Property
Hospitality
Mixed-Use Development
Student Housing
Senior Living
Office Space Management
Real Estate Operations
Property Management
Asset Management
Legal
Finance
Facilities Management
Compliance
Risk Management
Operations
Investment Management
Administrative Services
Maintenance Operations
Property Manager
Asset Manager
Facility Manager
Real Estate Director
Operations Manager
Building Manager
Portfolio Manager
Real Estate Investment Manager
Property Administrator
Leasing Manager
Real Estate Attorney
Compliance Officer
Financial Controller
Real Estate Analyst
Maintenance Supervisor
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