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Estate Management Agreement
"I need an Estate Management Agreement for a mixed-use commercial and residential complex in Manila, Philippines, with special emphasis on sustainability practices and green building management, to commence from March 1, 2025."
1. Parties: Identification of the property owner and the estate management company, including complete legal names and addresses
2. Background: Context of the agreement, brief description of the property, and purpose of engaging the management services
3. Definitions: Detailed definitions of key terms used throughout the agreement
4. Appointment and Term: Formal appointment of the manager, duration of the agreement, and renewal terms
5. Scope of Services: Comprehensive list of management services to be provided, including property maintenance, tenant management, and financial administration
6. Manager's Obligations: Detailed responsibilities and duties of the estate manager
7. Owner's Obligations: Responsibilities and obligations of the property owner
8. Financial Terms: Management fees, payment terms, operating budget, and financial reporting requirements
9. Operating Procedures: Day-to-day management procedures, emergency protocols, and reporting structures
10. Insurance and Liability: Insurance requirements and allocation of liability between parties
11. Termination: Conditions and procedures for termination of the agreement
12. Handover Procedures: Process for transferring management responsibilities upon termination
13. Governing Law and Dispute Resolution: Applicable law and methods for resolving disputes
14. General Provisions: Standard clauses including notices, amendments, and severability
1. Multiple Property Management: Additional provisions for managing multiple properties or estates - include when agreement covers more than one property
2. Special Facilities Management: Specific provisions for managing special facilities like swimming pools, gyms, or recreational areas - include when property has such facilities
3. Environmental Compliance: Specific environmental management obligations - include for properties requiring special environmental consideration
4. Security Services: Detailed security management provisions - include for high-security properties or those requiring extensive security measures
5. Staff Employment: Provisions regarding on-site staff employment and management - include when staff will be directly employed for the property
6. Marketing and Promotion: Terms for marketing and promoting the property - include for commercial properties or residential properties requiring active marketing
7. Development and Renovation: Provisions for managing property development or major renovation projects - include when significant works are planned
8. Profit Sharing: Terms for profit sharing arrangements - include when agreement includes performance-based compensation
1. Property Details: Detailed description of the property, including location, facilities, and current condition
2. Service Level Agreement: Specific performance metrics and service standards
3. Fee Schedule: Detailed breakdown of management fees, additional charges, and payment terms
4. Maintenance Schedule: Planned maintenance activities and frequencies
5. Staff Structure: Organization chart and staffing requirements
6. Operating Budget: Detailed annual operating budget
7. Emergency Procedures: Detailed emergency response procedures and contact information
8. Reporting Templates: Standard formats for various required reports
9. Insurance Requirements: Detailed insurance specifications and coverage requirements
10. Handover Checklist: Comprehensive list of items and documents for management handover
Authors
Real Estate
Property Management
Commercial Real Estate
Residential Real Estate
Industrial Real Estate
Hospitality
Retail
Mixed-Use Development
Office Space Management
Healthcare Facilities
Educational Institutions
Shopping Centers
Industrial Parks
Legal
Real Estate
Property Management
Operations
Facilities Management
Asset Management
Maintenance
Finance
Compliance
Risk Management
Tenant Relations
Administrative Services
Security
Development
Property Manager
Estate Manager
Facilities Manager
Real Estate Director
Asset Manager
Operations Manager
Building Manager
Property Management Executive
Real Estate Services Manager
Maintenance Manager
Tenant Relations Manager
Real Estate Investment Manager
Property Portfolio Manager
Legal Counsel
Compliance Officer
Financial Controller
Chief Operating Officer
Real Estate Development Manager
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