Short Form Property Management Agreement

Short Form Property Management Agreement Template for Denmark

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Document background

The Short Form Property Management Agreement is designed for use in the Danish market where property owners require professional management services but prefer a streamlined contractual arrangement. This document is particularly suitable for single property management arrangements or situations where the scope of services is well-defined and straightforward. It incorporates essential elements required under Danish law while maintaining brevity, making it ideal for smaller scale property management relationships or those requiring quick implementation. The agreement includes key provisions for service scope, fees, responsibilities, and basic reporting requirements, while allowing for customization through schedules. It's structured to comply with Danish property law and general contract principles while remaining accessible to non-legal professionals.

Suggested Sections

1. Parties: Identification of the property owner and the property manager, including business registration numbers (CVR)

2. Background: Brief context of the agreement and the property management arrangement

3. Definitions: Key terms used throughout the agreement, including 'Property', 'Services', and 'Management Fee'

4. Appointment and Scope: Formal appointment of the property manager and outline of basic services to be provided

5. Duration and Termination: Term of the agreement and conditions for termination by either party

6. Manager's Obligations: Core responsibilities and duties of the property manager

7. Owner's Obligations: Essential responsibilities of the property owner, including provision of information and funding

8. Fees and Payment: Management fees, payment terms, and handling of property-related expenses

9. Insurance: Required insurance coverage for both parties

10. Liability and Indemnity: Allocation of risks and limitations of liability

11. Governing Law: Confirmation of Danish law as governing law and jurisdiction

Optional Sections

1. Emergency Services: Include when 24/7 emergency response services are part of the arrangement

2. Sustainability Requirements: Add when specific environmental or energy efficiency standards must be met

3. Special Authorities: Include when the manager needs specific powers of attorney or special authorities

4. Property Development: Add when the manager will be involved in renovation or development projects

5. Multiple Properties: Include when the agreement covers more than one property

6. Data Protection: Add detailed GDPR compliance section when handling significant personal data

7. Key Performance Indicators: Include when specific performance metrics will be tracked

8. Bank Accounts: Add when separate property accounts need to be maintained

Suggested Schedules

1. Schedule 1 - Property Details: Specific details of the managed property, including address and property number

2. Schedule 2 - Services Specification: Detailed list of management services to be provided

3. Schedule 3 - Fee Schedule: Breakdown of management fees and additional service charges

4. Schedule 4 - Key Contacts: Contact information for key personnel from both parties

5. Schedule 5 - Reporting Requirements: Format and frequency of management reports

6. Appendix A - Power of Attorney: Standard power of attorney form if required

7. Appendix B - Emergency Procedures: Procedures for handling emergency situations

8. Appendix C - Maintenance Schedule: Regular maintenance tasks and their frequencies

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Short Form Property Management Agreement Template for Denmark

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