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1. Parties: Identification of the property owner/lessor and the management company/lessee
2. Background: Context of the agreement, including property details and purpose of the management arrangement
3. Definitions: Defined terms used throughout the agreement
4. Scope of Management Services: Detailed description of management responsibilities and authority
5. Term and Renewal: Duration of the agreement and renewal provisions
6. Management Fee Structure: Details of management fees, payment terms, and calculation methods
7. Operating Expenses and Budgets: Allocation of operational costs and budget management procedures
8. Maintenance and Repairs: Responsibilities for property maintenance and repair obligations
9. Compliance and Reporting: Requirements for regulatory compliance and periodic reporting
10. Insurance Requirements: Mandatory insurance coverage and responsibilities
11. Termination Rights: Grounds and procedures for agreement termination
12. Liability and Indemnification: Allocation of risks and indemnification obligations
13. Governing Law and Jurisdiction: Confirmation of Belgian law application and jurisdiction
14. Notice Provisions: Communication procedures between parties
15. General Provisions: Standard boilerplate clauses including severability, entire agreement, etc.
1. Employee Transfer Provisions: Required when existing staff will transfer to the management company under Belgian employment law
2. Environmental Compliance: Necessary for properties with specific environmental considerations or requirements
3. Intellectual Property Rights: Include when the management involves use of branded properties or proprietary systems
4. Force Majeure: Detailed provisions for unforeseen circumstances, particularly relevant post-COVID
5. Competition Compliance: Required when the management company operates multiple properties in the same market
6. Data Protection: Include when personal data processing is involved in property management
7. Capital Improvements: Include when significant property improvements are planned or anticipated
8. Subletting Rights: Include when the management company may need subletting authority
1. Schedule 1 - Property Description: Detailed description of the property including plans and specifications
2. Schedule 2 - Services Specification: Comprehensive list of management services and performance standards
3. Schedule 3 - Fee Schedule: Detailed breakdown of management fees, incentives, and payment calculations
4. Schedule 4 - Operating Budget: Initial operating budget and budget management procedures
5. Schedule 5 - Maintenance Schedule: Planned maintenance program and responsibilities
6. Schedule 6 - Required Insurance: Specific insurance requirements and minimum coverage levels
7. Schedule 7 - Reporting Templates: Standard formats for required operational and financial reports
8. Schedule 8 - Key Performance Indicators: Performance metrics and measurement criteria
9. Appendix A - Required Licenses: Copies of necessary permits and licenses
10. Appendix B - Initial Inventory: Baseline inventory of furniture, fixtures, and equipment
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