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Property Management Agreement Between Landlord And Agent
"I need a Property Management Agreement Between Landlord And Agent for my newly acquired 30-unit residential complex in Singapore, with specific provisions for maintenance of common areas and a service level agreement for tenant response times; the agreement should commence from March 1, 2025."
1. Parties: Identification of the landlord and property management agent
2. Background: Context of the agreement and property details
3. Definitions: Key terms used throughout the agreement
4. Appointment and Term: Scope of appointment and duration of agreement
5. Agent's Services and Obligations: Detailed list of services to be provided by the agent
6. Landlord's Obligations: Responsibilities and commitments of the landlord
7. Fees and Payment Terms: Management fees, commission structure, and payment schedule
8. Termination: Conditions and procedures for ending the agreement
1. Property Maintenance Fund: Details of maintenance fund management, used for larger properties
2. Emergency Procedures: Specific procedures for emergency situations, recommended for larger properties
3. Staff Management: Required when agent will manage on-site staff
4. Marketing Services: Include if agent will handle property marketing
5. Renovation Management: Include if agent will oversee renovation works
1. Property Details Schedule: Detailed description of the managed property
2. Fee Schedule: Breakdown of all fees and charges
3. Service Level Agreement: Detailed performance metrics and service standards
4. Property Inventory: List of fixtures, fittings, and equipment
5. Maintenance Schedule: Regular maintenance tasks and frequencies
6. Insurance Requirements: Required insurance coverage details
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