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Property Management Agreement Form Template for Germany

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Key Requirements PROMPT example:

Property Management Agreement Form

"I need a Property Management Agreement Form under German law for a mixed-use commercial and residential building in Berlin, with specific provisions for green building maintenance standards and EV charging facilities management, to be effective from March 1, 2025."

Document background
The Property Management Agreement Form is a crucial document used in the German real estate sector to establish a legally binding relationship between property owners and professional management companies. This agreement is essential when property owners seek to delegate the day-to-day management and administration of their real estate assets to professional managers. The document is structured to comply with German legal requirements, including the German Civil Code (BGB), the German Condominium Act (WEG), and relevant commercial regulations. It comprehensively addresses all aspects of property management, from routine maintenance to financial administration, while ensuring compliance with German property law and data protection regulations. The agreement is particularly important for owners of multiple properties, commercial buildings, or residential complexes who require professional management services.
Suggested Sections

1. Parties: Identification of the property owner(s) and the property management company, including full legal names, addresses, and registration details

2. Background: Context of the agreement, including property details and purpose of the management arrangement

3. Definitions: Key terms used throughout the agreement, including technical and legal terminology

4. Appointment and Term: Formal appointment of the property manager, duration of the agreement, and renewal terms

5. Manager's Duties and Responsibilities: Comprehensive list of core property management services and obligations

6. Financial Management: Handling of rent collection, operating costs, maintenance funds, and accounting requirements

7. Reporting and Communication: Regular reporting obligations, communication protocols, and documentation requirements

8. Fees and Payment Terms: Management fees, payment schedule, and reimbursement of expenses

9. Insurance and Liability: Required insurance coverage and allocation of liability between parties

10. Termination: Grounds for termination, notice periods, and post-termination obligations

11. Data Protection: GDPR compliance and data handling procedures

12. Governing Law and Jurisdiction: Confirmation of German law application and jurisdiction for disputes

Optional Sections

1. Multiple Property Management: Additional terms for managing multiple properties - include when agreement covers more than one property

2. Special Authorities: Additional powers granted to the manager for specific situations - include when manager needs extraordinary decision-making authority

3. Emergency Services: Procedures for emergency situations - include for properties requiring 24/7 coverage

4. Construction Management: Terms for overseeing renovation or construction projects - include when property requires significant works

5. Commercial Tenant Management: Specific provisions for commercial properties - include when managing business premises

6. Residential Tenant Management: Specific provisions for residential properties - include when managing residential units

7. Environmental Compliance: Special environmental requirements - include for properties with specific environmental obligations

8. Security Services: Terms for security service provision - include for properties requiring dedicated security

Suggested Schedules

1. Schedule A - Property Details: Detailed description of the managed property, including address, size, facilities, and current condition

2. Schedule B - Service Level Agreement: Detailed specifications of service standards and performance metrics

3. Schedule C - Fee Schedule: Detailed breakdown of all fees, charges, and commission structures

4. Schedule D - Maintenance Schedule: Planned maintenance program and procedures

5. Schedule E - Emergency Contacts: List of emergency contacts and procedures

6. Schedule F - Required Insurance: Detailed insurance requirements and coverage specifications

7. Schedule G - Reporting Templates: Standard formats for regular reports and communications

8. Appendix 1 - Power of Attorney: Legal authorization for specific actions on behalf of the property owner

9. Appendix 2 - Data Processing Agreement: GDPR-compliant data processing terms and procedures

10. Appendix 3 - Key Performance Indicators: Metrics for evaluating property management performance

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 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

Commercial Real Estate

Residential Real Estate

Mixed-Use Properties

Real Estate Investment

Property Development

Asset Management

Building Management

Relevant Teams

Legal

Real Estate Operations

Property Management

Facility Management

Asset Management

Contract Administration

Building Operations

Maintenance

Finance

Compliance

Risk Management

Relevant Roles

Property Manager

Asset Manager

Facility Manager

Real Estate Director

Property Management Coordinator

Building Operations Manager

Real Estate Investment Manager

Leasing Manager

Property Administrator

Maintenance Supervisor

Real Estate Legal Counsel

Property Management Executive

Portfolio Manager

Real Estate Operations 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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