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Car Property Management Agreement for Philippines

Car Property Management Agreement Template for Philippines

A comprehensive legal agreement governed by Philippine law that establishes the terms and conditions under which a property management company assumes responsibility for managing and maintaining vehicles on behalf of the owner. This document outlines the scope of management services, maintenance responsibilities, financial arrangements, reporting requirements, and compliance obligations under Philippine transportation and property laws. It incorporates specific provisions aligned with the Civil Code of the Philippines and the Land Transportation and Traffic Code, ensuring proper vehicle management while protecting both parties' interests through clear delineation of rights, responsibilities, and liability allocations.

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What is a Car Property Management Agreement?

The Car Property Management Agreement is essential for situations where vehicle owners seek professional management of their automotive assets in the Philippines. This document is particularly relevant for both individual owners with luxury vehicles and corporations with vehicle fleets who wish to outsource the management and maintenance of their vehicles to specialized property management companies. The agreement, governed by Philippine law, encompasses comprehensive provisions for vehicle maintenance, insurance management, compliance with local transportation regulations, financial reporting, and operational procedures. It is designed to comply with the Civil Code of the Philippines and the Land Transportation and Traffic Code, while addressing practical aspects of vehicle management such as maintenance schedules, driver management, and emergency procedures. The document is commonly used in corporate fleet management, luxury vehicle management, and commercial transportation operations where professional oversight of vehicle assets is required.

What sections should be included in a Car Property Management Agreement?

1. Parties: Identifies and provides full details of the car owner and the property management company

2. Background: Explains the context of the agreement and the parties' intention to enter into a car property management arrangement

3. Definitions: Defines key terms used throughout the agreement for clarity and legal certainty

4. Appointment and Term: Formally establishes the property manager's appointment and specifies the duration of the agreement

5. Scope of Services: Details the specific services to be provided by the property manager in relation to the vehicle(s)

6. Property Manager's Obligations: Lists all duties and responsibilities of the property manager including maintenance, insurance, record-keeping, and reporting

7. Owner's Obligations: Specifies the car owner's responsibilities including providing necessary documentation and maintaining valid registration

8. Fees and Payment Terms: Details the management fees, payment schedule, and any additional charges

9. Insurance and Liability: Outlines insurance requirements and allocation of liability between parties

10. Termination: Specifies conditions and procedures for ending the agreement

11. Governing Law and Dispute Resolution: States the applicable law (Philippines) and methods for resolving disputes

What sections are optional to include in a Car Property Management Agreement?

1. Revenue Management: Include when the vehicle is used for commercial purposes, detailing revenue collection and distribution

2. Multiple Vehicle Provisions: Include when the agreement covers more than one vehicle

3. Emergency Procedures: Include for high-value vehicles or when specific emergency protocols are required

4. Environmental Compliance: Include when the vehicle requires specific environmental compliance management

5. Staff and Drivers: Include when the property manager will provide or manage drivers

6. Technology and Tracking Systems: Include when GPS or other tracking systems are part of the management service

What schedules should be included in a Car Property Management Agreement?

1. Schedule 1 - Vehicle Details: Complete technical specifications and registration details of the vehicle(s)

2. Schedule 2 - Fee Schedule: Detailed breakdown of all fees, charges, and payment terms

3. Schedule 3 - Service Level Agreement: Specific performance metrics and service standards

4. Schedule 4 - Maintenance Schedule: Planned maintenance schedule and procedures

5. Schedule 5 - Authorized Drivers: List of approved drivers with license details (if applicable)

6. Appendix A - Required Insurance Coverage: Detailed insurance requirements and minimum coverage levels

7. Appendix B - Incident Report Template: Standard form for reporting accidents or incidents

8. Appendix C - Vehicle Inspection Checklist: Standard form for regular vehicle inspections

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Philippines

Publisher

Ƶ

Cost

Free to use
Relevant legal definitions









































Clauses





































Relevant Industries

Transportation

Fleet Management

Property Management

Corporate Services

Logistics

Car Rental

Automotive

Business Services

Private Transportation

Commercial Vehicle Operations

Relevant Teams

Legal

Operations

Fleet Management

Facilities Management

Risk Management

Compliance

Finance

Asset Management

Procurement

Administration

Maintenance

Relevant Roles

Fleet Manager

Property Manager

Operations Director

Facility Manager

Transportation Manager

Asset Manager

Compliance Officer

Risk Manager

Legal Counsel

Finance Manager

Maintenance Supervisor

Vehicle Operations Coordinator

Contract Administrator

Logistics Manager

Corporate Services 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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