¶¶Òõ¶ÌÊÓÆµ

Commercial Property Management Contract Template for India

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Commercial Property Management Contract

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Commercial Property Management Contract

"I need a Commercial Property Management Contract for a multi-tenant office building in Mumbai's business district, with specific provisions for green building maintenance and 24/7 security services, starting from March 2025."

Document background
The Commercial Property Management Contract is essential for commercial real estate operations in India, where professional property management is increasingly crucial for maintaining asset value and ensuring regulatory compliance. This agreement is typically used when property owners seek to delegate the day-to-day management of their commercial properties to professional management companies. It comprehensively covers all aspects of property operations, from maintenance and security to financial management and tenant relations, while ensuring compliance with Indian legal requirements including RERA 2016, local municipal regulations, and environmental standards. The document is particularly important given India's complex regulatory environment for commercial real estate and the need for professional management in growing urban centers. It provides clear guidelines for property management services while protecting the interests of both the property owner and the management company.
Suggested Sections

1. Parties: Identification of the property owner and the property management company

2. Background: Context of the agreement and brief description of the property

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

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

5. Scope of Services: Detailed description of core property management services to be provided

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

7. Owner's Obligations: Responsibilities and obligations of the property owner

8. Financial Management: Rent collection, accounting, reporting, and financial management duties

9. Fees and Expenses: Management fees, reimbursable expenses, and payment terms

10. Insurance and Indemnity: Insurance requirements and indemnification provisions

11. Maintenance and Repairs: Procedures for property maintenance and repair work

12. Compliance: Obligations to comply with laws, regulations, and safety requirements

13. Reporting Requirements: Regular reports and documentation to be provided to the owner

14. Termination: Conditions and procedures for termination of the agreement

15. Dispute Resolution: Procedures for resolving disputes between parties

16. General Provisions: Standard contract clauses including notices, amendments, and governing law

Optional Sections

1. Environmental Management: Specific provisions for environmental compliance and green building management, used for properties with specific environmental certifications or requirements

2. Security Services: Detailed security management provisions, included when security services are part of the scope

3. Marketing and Leasing: Provisions for marketing vacant spaces and managing lease processes, included when these services are required

4. Staff Management: Provisions regarding on-site staff management, included when the property requires dedicated staff

5. Capital Improvements: Procedures for managing major renovations or improvements, included for properties planning significant upgrades

6. Emergency Response: Specific procedures for emergency situations, included for high-risk or sensitive properties

7. Tenant Relations: Specific provisions for managing tenant relationships and complaints, included for multi-tenant properties

Suggested Schedules

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

2. Schedule 2 - Services Specification: Detailed breakdown of all services to be provided under the agreement

3. Schedule 3 - Fee Schedule: Detailed breakdown of all fees, charges, and payment terms

4. Schedule 4 - Key Performance Indicators: Performance metrics and standards for evaluating the property manager

5. Schedule 5 - Reporting Templates: Standard formats for various reports required under the agreement

6. Schedule 6 - Emergency Procedures: Detailed emergency response procedures and contact information

7. Schedule 7 - Maintenance Schedule: Planned maintenance schedule and procedures

8. Appendix A - Required Insurance: Detailed insurance requirements and coverage limits

9. Appendix B - Key Personnel: List of key personnel assigned to the property management team

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

Commercial Real Estate

Retail

Office Space Management

Industrial Properties

Hospitality

Healthcare Facilities

Shopping Malls

Business Parks

Warehousing

Mixed-use Developments

Educational Institutions

Relevant Teams

Legal

Real Estate

Operations

Facilities Management

Finance

Compliance

Property Services

Asset Management

Risk Management

Procurement

Building Services

Security

Relevant Roles

Property Manager

Facility Manager

Real Estate Director

Operations Manager

Asset Manager

Building Manager

Commercial Property Officer

Real Estate Portfolio Manager

Maintenance Supervisor

Legal Counsel

Finance Manager

Compliance Officer

Property Services Director

Real Estate Investment Manager

Leasing 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

Find the exact document you need

Commercial Property Management Contract

An Indian law-governed agreement between property owner and management company for professional management of commercial real estate, outlining services, responsibilities, and compliance requirements.

find out more

Managing Agent Contract

An Indian law-governed agreement establishing the terms and conditions between a principal and managing agent for business operations management.

find out more

Tenant Placement Agreement

An Indian law-governed agreement between property owners and tenant placement agencies defining services, responsibilities, and compensation for tenant sourcing.

find out more

Rent To Rent Management Contract

An Indian law-governed agreement enabling a management company to lease and sub-let a property while providing guaranteed rent to the property owner.

find out more

Property Management Contract Agreement

An Indian law-governed agreement establishing terms and conditions for professional property management services between property owners and management companies.

find out more

Lease Management Contract

An Indian law-governed agreement between property owners and lease management companies defining property management services and responsibilities.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.