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Managing Agency Agreement
"I need a Managing Agency Agreement under Singapore law for my property management company to act as managing agent for a new commercial building complex, with specific provisions for facilities management and tenant relations, starting from March 2025."
1. Parties: Identification and details of the Principal and Managing Agent
2. Background: Context and purpose of the agreement
3. Definitions: Key terms used throughout the agreement
4. Appointment and Scope: Terms of appointment and scope of agency services
5. Duration and Termination: Term of agreement and termination provisions
6. Duties and Responsibilities: Detailed obligations of the Managing Agent
7. Fees and Payment Terms: Compensation structure and payment details
8. Liability and Indemnity: Allocation of risks and responsibilities
1. Non-Competition: Restrictions on competitive activities - include when protecting business interests is crucial
2. Intellectual Property: IP rights and usage provisions - include when IP is involved in the agency services
3. Insurance: Insurance requirements - include when specific insurance coverage is needed
4. Data Protection: PDPA compliance provisions - include when personal data processing is involved
1. Schedule of Services: Detailed listing of services to be provided by the Managing Agent
2. Fee Schedule: Detailed breakdown of fees and charges
3. Service Level Agreement: Performance metrics and standards for service delivery
4. Key Personnel: List of key team members and their roles in delivering the services
5. Operating Procedures: Detailed operational processes and procedures for service delivery
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