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Rent To Rent Management Contract Template for Denmark

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Key Requirements PROMPT example:

Rent To Rent Management Contract

Document background
The Rent To Rent Management Contract is designed for use in Denmark when a property owner wishes to delegate the complete management and rental of their property to a professional management company while securing a guaranteed rental income. This arrangement allows the management company to sublet the property to tenants, potentially at a higher rate, while assuming responsibilities for property management, maintenance, and tenant relations. The document is particularly useful for property owners seeking passive income with minimal involvement in day-to-day operations, and for management companies looking to expand their property portfolio without capital investment in property acquisition. The contract must comply with Danish property law, including both the Lejeloven and Erhvervslejeloven, and addresses key aspects such as guaranteed rent payments, management responsibilities, maintenance obligations, and subletting arrangements. This type of agreement has become increasingly popular in the Danish property market as it offers benefits to both property owners and professional management companies.
Suggested Sections

1. Parties: Identification of the property owner (Original Landlord) and the management company (Management Company), including full legal names, registration numbers, and addresses

2. Background: Context of the agreement, explaining the rent-to-rent business model and the parties' intentions

3. Definitions: Definitions of key terms used throughout the agreement, including Property, Term, Management Services, Rent, and other relevant terms

4. Property Details: Specific details of the property(ies) covered by the agreement, including addresses and any excluded areas

5. Term and Renewal: Duration of the agreement, commencement date, and provisions for renewal or extension

6. Management Company's Rights and Obligations: Detailed responsibilities including property management, tenant finding, maintenance, and compliance with Danish rental laws

7. Property Owner's Rights and Obligations: Responsibilities of the property owner, including maintaining structural elements and providing necessary documentation

8. Financial Terms: Rent payment details, guaranteed rent amounts, management fees, and other financial arrangements

9. Maintenance and Repairs: Allocation of maintenance responsibilities and procedures for handling repairs

10. Subletting Arrangements: Terms and conditions for subletting, including tenant selection criteria and rental terms

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

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

13. Dispute Resolution: Procedures for handling disputes, including jurisdiction under Danish law

14. General Provisions: Standard contractual provisions including notices, entire agreement, and amendments

Optional Sections

1. Utilities Management: Optional section for cases where the Management Company takes responsibility for utility accounts and payments

2. Furniture and Fittings: Required when the property is furnished and includes inventory management

3. Marketing and Branding: Optional provisions regarding property marketing and use of branding

4. Performance Targets: Optional inclusion of specific performance metrics and targets

5. Property Improvements: Optional section covering arrangements for property improvements or renovations

6. Multiple Property Provisions: Required when the agreement covers multiple properties

7. Change of Property Owner: Optional provisions for handling change in property ownership

8. Force Majeure: Optional detailed provisions for handling unforeseen circumstances

Suggested Schedules

1. Schedule 1 - Property Specification: Detailed description of the property, including floor plans and photographs

2. Schedule 2 - Inventory List: Detailed inventory of furnished items if applicable

3. Schedule 3 - Financial Terms: Detailed breakdown of all financial arrangements including guaranteed rent calculations

4. Schedule 4 - Service Level Agreement: Detailed description of management services and performance standards

5. Schedule 5 - Maintenance Schedule: Breakdown of maintenance responsibilities and scheduled maintenance tasks

6. Schedule 6 - Approved Contractor List: List of approved contractors for maintenance and repairs

7. Schedule 7 - Required Insurance Coverage: Detailed insurance requirements and specifications

8. Appendix A - Property Compliance Certificates: Copies of all required property compliance certificates

9. Appendix B - Standard Sublease Agreement Template: Template agreement to be used for subletting to tenants

Authors

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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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