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1. Parties: Identification of the property owner and the property management company, including full legal names and addresses
2. Background: Context of the agreement, including brief description of the property and purpose of the management arrangement
3. Definitions: Detailed definitions of key terms used throughout the agreement
4. Appointment and Term: Formal appointment of the property manager and duration of the agreement, including renewal terms
5. Property Manager's Duties and Responsibilities: Comprehensive list of core services to be provided, including maintenance, tenant management, and financial reporting
6. Owner's Obligations: Property owner's responsibilities, including funding arrangements and information provision
7. Financial Management: Details of rent collection, expense management, accounting procedures, and reporting requirements
8. Fees and Compensation: Management fees, additional service charges, and payment terms
9. Insurance and Liability: Required insurance coverage and allocation of liability between parties
10. Termination: Conditions and procedures for terminating the agreement by either party
11. General Provisions: Standard legal clauses including governing law, notices, and dispute resolution
1. Special Services: Additional services beyond standard property management, used when specific extra services are required
2. Emergency Procedures: Detailed emergency response protocols, particularly important for large commercial properties
3. Environmental Compliance: Specific environmental management requirements, necessary for properties with environmental sensitivities
4. Staff Management: Provisions for on-site staff management, relevant for larger properties requiring dedicated staff
5. Marketing Services: Specific marketing and leasing services, important for properties with high vacancy rates or regular turnover
6. Capital Improvements: Procedures for managing major renovations or improvements, needed for properties planning significant upgrades
7. Security Services: Specific security management requirements, important for high-security properties or certain commercial facilities
1. Schedule A - Property Details: Detailed description of the managed property, including address, facilities, and current condition
2. Schedule B - Management Fee Structure: Detailed breakdown of all fees, charges, and commission structures
3. Schedule C - Maintenance Schedule: Regular maintenance tasks and their frequencies
4. Schedule D - Reporting Templates: Standard formats for various required reports
5. Schedule E - Authorized Expenditure Limits: Spending authorities and approval requirements for different types of expenses
6. Appendix 1 - Property Photos and Plans: Current photographs and floor plans of the property
7. Appendix 2 - Existing Service Contracts: List and copies of current service provider contracts
8. Appendix 3 - Emergency Contact List: Contact details for emergency services, key personnel, and essential service providers
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