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Company Let Management Contract Template for Ireland

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Key Requirements PROMPT example:

Company Let Management Contract

"I need a Company Let Management Contract for a five-story office building in Dublin, with comprehensive maintenance services and 24/7 security coverage, starting from March 1, 2025, with specific provisions for green building management and energy efficiency reporting."

Document background
The Company Let Management Contract is a specialized agreement used in Ireland when a property-owning company wishes to engage a professional management company to handle the operational aspects of their property portfolio. This document is essential for establishing clear lines of responsibility, service standards, and financial arrangements between corporate entities in the context of property management. It addresses key aspects such as service scope, compliance with Irish property law and regulations, reporting requirements, financial terms, and risk allocation. The contract is particularly important for ensuring professional property management while maintaining corporate governance standards and protecting both parties' interests under Irish law. It typically includes comprehensive schedules detailing specific services, properties, and operational procedures.
Suggested Sections

1. Parties: Identification of the property owner company and the management company, including registered addresses and company numbers

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

3. Definitions: Definitions of key terms used throughout the agreement

4. Appointment and Term: Formal appointment of the manager and duration of the contract, including renewal terms

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

6. Property Owner's Obligations: Responsibilities and obligations of the property owner company

7. Financial Terms: Management fees, payment terms, and financial reporting requirements

8. Insurance and Liability: Insurance requirements and allocation of liability between parties

9. Compliance and Regulations: Obligations regarding legal compliance and regulatory requirements

10. Reporting and Communications: Requirements for regular reporting and communication protocols

11. Termination: Grounds and procedures for contract termination

12. Data Protection: GDPR compliance and data handling requirements

13. Governing Law: Confirmation of Irish law as governing law and jurisdiction

14. Execution: Signature blocks and execution requirements

Optional Sections

1. Emergency Services: Additional section for properties requiring 24/7 emergency response services

2. Multiple Property Management: Used when the contract covers multiple properties under single management

3. Staff Management: Required when the manager will be responsible for employing on-site staff

4. Capital Works: Include when the manager will oversee major renovations or improvements

5. Green Building Management: For properties requiring specific environmental or sustainability management

6. Security Services: When additional security services are part of the management scope

7. Marketing and Letting: If the manager is responsible for marketing and letting vacant units

Suggested Schedules

1. Schedule 1 - Property Details: Detailed description of the property/properties under management

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

3. Schedule 3 - Fee Structure: Detailed breakdown of management fees and additional charges

4. Schedule 4 - Key Performance Indicators: Performance metrics and service level agreements

5. Schedule 5 - Required Insurance: Specific insurance requirements and minimum coverage levels

6. Schedule 6 - Reporting Templates: Standard formats for required reports and communications

7. Schedule 7 - Emergency Procedures: Detailed emergency response procedures and contact information

8. Appendix A - Property Plans: Site plans and building layouts

9. Appendix B - Maintenance Schedule: Planned maintenance and inspection schedules

Authors

Alex Denne

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

Commercial Property

Residential Property

Facility Management

Corporate Services

Property Development

Asset Management

Relevant Teams

Legal

Operations

Property Management

Facilities Management

Asset Management

Compliance

Risk Management

Finance

Commercial

Administrative

Relevant Roles

Property Manager

Facility Manager

Asset Manager

Real Estate Director

Operations Manager

Company Director

Legal Counsel

Compliance Officer

Property Services Director

Contract Manager

Estate Manager

Building Manager

Commercial Director

Risk Manager

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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