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Rental Management Agreement
"I need a Rental Management Agreement under Swiss law for a portfolio of five luxury residential properties in Geneva, with comprehensive maintenance services and tenant screening, starting from March 2025 with an initial term of 3 years."
1. Parties: Identification of the Property Owner and the Management Company, including full legal names, addresses, and registration details
2. Background: Context of the agreement, including property details and the owner's intention to delegate management responsibilities
3. Definitions: Key terms used throughout the agreement, including 'Property', 'Services', 'Management Fee', 'Tenant', etc.
4. Appointment and Term: Formal appointment of the management company, duration of the agreement, and renewal terms
5. Manager's Services and Responsibilities: Comprehensive list of services to be provided, including tenant management, maintenance, financial management, and reporting
6. Property Owner's Obligations: Owner's responsibilities, including providing necessary documentation, maintaining insurance, and funding requirements
7. Fees and Payment Terms: Detailed fee structure, payment schedule, and reimbursement of expenses
8. Financial Management and Reporting: Requirements for handling rental income, expenses, accounting procedures, and regular financial reporting
9. Maintenance and Repairs: Procedures for property maintenance, approval limits for repairs, emergency protocols
10. Insurance and Liability: Insurance requirements, liability limitations, and indemnification provisions
11. Termination: Grounds for termination, notice periods, and post-termination obligations
12. General Provisions: Standard clauses including governing law, notices, assignment, and entire agreement provisions
1. Multiple Property Management: Additional provisions when the agreement covers multiple properties, used when the owner has a portfolio of properties
2. Staff Management: Provisions regarding on-site staff management, needed for larger properties requiring dedicated personnel
3. Marketing Services: Specific terms for marketing vacant properties, relevant when the manager is responsible for tenant acquisition
4. Development and Renovation: Terms governing major renovations or development projects, included when significant property improvements are planned
5. Environmental Compliance: Specific provisions for properties requiring special environmental management or compliance
6. Special Use Provisions: Additional terms for properties with specific use requirements (e.g., commercial, mixed-use, or special purpose properties)
1. Schedule 1 - Property Details: Detailed description of the property/properties including address, size, facilities, and current condition
2. Schedule 2 - Services Specification: Detailed breakdown of all management services to be provided
3. Schedule 3 - Fee Schedule: Comprehensive fee structure including base fees, additional service fees, and expense categories
4. Schedule 4 - Reporting Templates: Templates for required financial and operational reports
5. Schedule 5 - Emergency Procedures: Detailed procedures for handling various emergency situations
6. Schedule 6 - Maintenance Schedule: Planned maintenance schedule and procedures
7. Appendix A - Power of Attorney: If required, documentation authorizing the manager to act on behalf of the owner
8. Appendix B - Insurance Requirements: Detailed specifications of required insurance coverage
9. Appendix C - Key Performance Indicators: Metrics for evaluating the manager's performance
Authors
Real Estate
Property Management
Residential Property
Commercial Property
Mixed-Use Property
Hospitality
Retail Property Management
Industrial Property Management
Asset Management
Facility Management
Legal
Real Estate
Property Management
Operations
Asset Management
Facility Management
Finance
Compliance
Risk Management
Maintenance
Administrative Services
Property Manager
Asset Manager
Facility Manager
Real Estate Director
Operations Manager
Property Management Coordinator
Leasing Manager
Building Manager
Real Estate Portfolio Manager
Maintenance Supervisor
Property Administrator
Real Estate Legal Counsel
Chief Operating Officer
Regional Property Manager
Compliance Officer
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