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Lease Management Contract
"I need a Lease Management Contract for a portfolio of 50 residential properties in Cape Town, South Africa, to be managed from March 2025, with specific provisions for student housing and maintenance requirements."
1. Parties: Identification of the property owner, lease management company, and their respective legal details
2. Background: Context of the agreement, including the property owner's desire to appoint a lease manager
3. Definitions and Interpretation: Definitions of key terms and interpretation rules for the agreement
4. Appointment and Duration: Formal appointment of the lease manager and term of the agreement
5. Scope of Services: Detailed description of lease management services to be provided
6. Manager's Obligations: Specific duties and responsibilities of the lease manager
7. Property Owner's Obligations: Responsibilities and commitments of the property owner
8. Fees and Payment Terms: Management fees, payment structure, and related financial terms
9. Reporting and Communication: Requirements for regular reporting and communication protocols
10. Compliance Requirements: Obligations to comply with relevant laws and regulations
11. Liability and Indemnification: Allocation of risks and responsibilities between parties
12. Termination: Conditions and procedures for ending the agreement
13. General Provisions: Standard legal clauses including notices, governing law, etc.
1. Multiple Property Management: Additional terms for managing multiple properties, used when the agreement covers more than one property
2. Maintenance Services: Detailed maintenance obligations if the manager provides direct maintenance services
3. Tenant Screening Services: Specific provisions for tenant screening if included in the scope
4. Marketing Services: Terms relating to property marketing and advertising if included
5. Insurance Requirements: Specific insurance obligations beyond standard requirements
6. Emergency Protocols: Specific procedures for handling emergency situations
7. Property Development: Terms relating to property improvements or development if part of the scope
1. Schedule A - Property Details: Detailed description of the managed property/properties
2. Schedule B - Fee Structure: Detailed breakdown of all fees and charges
3. Schedule C - Service Level Agreement: Specific performance metrics and service standards
4. Schedule D - Reporting Templates: Standard formats for required reports
5. Schedule E - Maintenance Schedule: Planned maintenance activities and frequencies
6. Schedule F - Authorized Representatives: List of authorized representatives and their powers
7. Appendix 1 - Required Documentation: List of required documents and certificates
8. Appendix 2 - Emergency Contacts: List of emergency contacts and procedures
Authors
Real Estate
Property Management
Commercial Property
Residential Property
Retail Property
Industrial Property
Hospitality
Office Space Management
Mixed-use Development
Legal
Property Management
Operations
Finance
Compliance
Facilities Management
Asset Management
Real Estate
Tenant Relations
Maintenance
Property Manager
Lease Administrator
Facility Manager
Real Estate Manager
Asset Manager
Property Portfolio Manager
Legal Counsel
Compliance Officer
Operations Manager
Financial Controller
Property Owner
Real Estate Director
Tenant Relations Manager
Maintenance Coordinator
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