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Contract For Property Management Services

Contract For Property Management Services Template for Singapore

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Key Requirements PROMPT example:

Contract For Property Management Services

"I need a Contract For Property Management Services for my 50-unit residential condominium in Singapore's East Coast area, with specific emphasis on sustainable building practices and smart building technology implementation, starting from March 2025."

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What is a Contract For Property Management Services?

The Contract For Property Management Services is essential for property owners in Singapore seeking professional management of their real estate assets. This document is particularly relevant for residential, commercial, or mixed-use properties requiring systematic management and maintenance. It ensures compliance with Singapore's strict property management regulations, including the Building Maintenance and Strata Management Act and related legislation. The contract typically covers all aspects of property management, from daily operations and maintenance to financial management and reporting, while clearly defining the roles, responsibilities, and service standards expected from the property management company.

What sections should be included in a Contract For Property Management Services?

1. Parties: Identification and details of the property owner and property management company

2. Background: Context of the agreement and property details

3. Definitions: Key terms used tHRoughout the agreement

4. Scope of Services: Detailed description of property management services to be provided

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

6. Fees and Payment Terms: Management fees, payment schedule, and additional charges

7. Responsibilities and Obligations: Duties of both property manager and property owner

8. Insurance Requirements: Required insurance coverage and limits

9. Compliance with Laws: Obligation to comply with relevant legislation and regulations

What sections are optional to include in a Contract For Property Management Services?

1. Performance Standards: Specific KPIs and service level agreements for larger properties or when specific performance metrics are required

2. Emergency Procedures: Protocols for handling emergencies, recommended for properties with specific safety concerns or high-risk facilities

3. Staff Requirements: Specific staffing requirements and qualifications when specific expertise or staffing levels are needed

4. Sustainability Practices: Green building management and environmental requirements for properties with environmental certifications or sustainability goals

What schedules should be included in a Contract For Property Management Services?

1. Property Details Schedule: Detailed description of the property, including floor plans and facilities

2. Service Level Agreement: Detailed performance metrics and service standards

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

4. Maintenance Schedule: Regular maintenance tasks and frequencies

5. Emergency Contact List: List of key contacts for various emergency situations

6. Insurance Requirements: Detailed insurance specifications and coverage 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 strata-titled properties management, including duties and powers of property managers, maintenance fund requirements, and dispute resolution mechanisms

Building Control Act: Regulates building safety and maintenance standards, including accessibility requirements and structural integrity regulations

Fire Safety Act: Governs fire safety requirements, emergency response protocols, and mandatory regular fire safety inspections for properties

Security and Private Investigation Act: Covers requirements for security services, licensing of security personnel, and implementation of security measures

Environmental Public Health Act: Sets standards for cleanliness, sanitation, waste management, and pest control obligations in property management

Employment Act: Regulates the management of property maintenance staff, including working hours, conditions, and employment terms

Personal Data Protection Act (PDPA): Governs the handling of residents' personal information, data protection obligations, and privacy requirements

Companies Act: Relevant for incorporated property management companies, covering corporate governance requirements

Workplace Safety and Health Act: Establishes safety standards for maintenance work, risk assessment requirements, and worker protection measures

Singapore Civil Law (Contract Law): Governs contract formation, validity, terms and conditions, and dispute resolution mechanisms

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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