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Condominium Management Agreement

Condominium Management Agreement Template for Singapore

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Key Requirements PROMPT example:

Condominium Management Agreement

"I need a Condominium Management Agreement for a 200-unit luxury development in Singapore's East Coast area, with specific provisions for premium concierge services and smart building management systems to be implemented from March 2025."

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What is a Condominium Management Agreement?

The Condominium Management Agreement serves as the primary document governing the relationship between a condominium's Management Corporation and its appointed Managing Agent in Singapore. This agreement is essential when a condominium development requires professional management services, typically after receiving its Temporary Occupation Permit (TOP) or during a change of managing agents. It comprehensively details the scope of services, performance standards, financial arrangements, and operational procedures while ensuring compliance with Singapore's Building Maintenance and Strata Management Act and related regulations.

What sections should be included in a Condominium Management Agreement?

1. Parties: Identifies the management corporation and the managing agent

2. Background: Context of the agreement and property details

3. Definitions: Key terms used tHRoughout the agreement including references to BMSMA and other relevant legislation

4. Scope of Services: Detailed description of management services to be provided in accordance with BMSMA requirements

5. Term and Termination: Duration of agreement and termination conditions

6. Fees and Payment Terms: Management fees, payment schedule, and related terms

7. Obligations of the Managing Agent: Specific duties and responsibilities including compliance with BMSMA and other regulatory requirements

8. Obligations of the Management Corporation: Requirements and responsibilities of the property owner

9. Compliance and Reporting: Regulatory compliance requirements and reporting obligations

10. General Provisions: Standard contractual provisions including governing law and dispute resolution

What sections are optional to include in a Condominium Management Agreement?

1. Insurance Requirements: Specific insurance coverage requirements beyond statutory minimums

2. Performance Metrics: Specific KPIs and service standards for performance measurement

3. Emergency Procedures: Special procedures for emergencies and crisis management

4. Data Protection Obligations: Specific obligations under PDPA for handling resident data

What schedules should be included in a Condominium Management Agreement?

1. Schedule 1: Property Details: Detailed description of the property and facilities under management

2. Schedule 2: Scope of Services: Detailed breakdown of management services and responsibilities

3. Schedule 3: Fee Schedule: Detailed breakdown of all fees and charges

4. Schedule 4: Service Level Requirements: Specific service standards and performance metrics

5. Appendix A: Emergency Contact List: List of emergency contacts and procedures

6. Appendix B: Maintenance Schedule: Regular maintenance requirements and schedule

7. Appendix C: Relevant Legislation: List of applicable laws and regulations including BMSMA requirements

Authors

Alex Denne

Head of Growth (Open Source Law) @ 黑料视频 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions





























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Industries

Building Maintenance and Strata Management Act (BMSMA): Primary legislation governing the management and maintenance of strata properties. Defines roles and responsibilities of management corporations and sets out requirements for managing agents.

Singapore Civil Law Act: Establishes general contract law principles and enforcement of contractual obligations in Singapore.

BCA Guidelines: Building and Construction Authority guidelines that establish standards for building maintenance and safety requirements.

APFM Guidelines: Association of Property and Facility Managers guidelines that set professional standards for property managers and best practices for condominium management.

Personal Data Protection Act (PDPA): Legislation governing the handling of residents' personal information and data protection obligations.

Fire Safety Act: Legislation establishing fire safety requirements and standards for residential buildings.

Workplace Safety and Health Act: Legislation governing safety and health standards in the workplace, including property management operations.

Environmental Public Health Act: Legislation governing the maintenance of common areas and waste management requirements in residential properties.

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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