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Housing Management Agreement

Housing Management Agreement Template for United Arab Emirates

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Key Requirements PROMPT example:

Housing Management Agreement

"I need a Housing Management Agreement for a luxury residential tower in Dubai Marina with 200 units, where the property management company will handle all aspects of operations including tenant screening, maintenance, and collection of service charges, starting from March 2025."

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Document background
The Housing Management Agreement is a critical document used in the UAE real estate sector when property owners wish to delegate the management and operation of their property to professional management companies. This agreement is particularly important in the UAE market where property management is heavily regulated, especially in emirates like Dubai through RERA (Real Estate Regulatory Agency). The document outlines comprehensive terms for property management services, including maintenance, tenant relations, financial management, and regulatory compliance. It is designed to comply with UAE Federal Law No. 5 of 1985 (Civil Code) and relevant emirate-specific regulations, making it essential for both individual and corporate property owners who require professional property management services. The Housing Management Agreement typically includes detailed schedules for services, fees, and performance metrics, providing clear guidelines for both parties while ensuring regulatory compliance.
Suggested Sections

1. Parties: Identification of the Property Owner and the Property Management Company, including full legal names, licenses, and contact details

2. Background: Context of the agreement, including property details and purpose of engagement

3. Definitions: Detailed definitions of key terms used throughout the agreement

4. Appointment and Term: Formal appointment of the property manager, duration of agreement, and renewal terms

5. Scope of Services: Comprehensive list of property management services to be provided

6. Manager's Rights and Responsibilities: Detailed obligations of the property manager, including maintenance, tenant management, and reporting

7. Owner's Rights and Responsibilities: Property owner's obligations, including provision of necessary documentation and funds

8. Financial Management: Terms regarding rent collection, expenses, budgeting, and accounting procedures

9. Fees and Payments: Management fees, payment terms, and expense reimbursement procedures

10. Insurance and Liability: Insurance requirements and allocation of liability between parties

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

12. Termination: Conditions and procedures for termination of the agreement

13. Dispute Resolution: Procedures for resolving disputes, including applicable law and jurisdiction

14. General Provisions: Standard contractual provisions including notices, amendments, and assignment

Optional Sections

1. Staff Accommodation: Terms regarding management of staff accommodation facilities, used when the property includes staff housing

2. Common Area Management: Specific provisions for managing common areas, relevant for properties within larger developments

3. Facilities Management: Detailed terms for management of specific facilities like gym, pool, or other amenities

4. Marketing Services: Terms regarding property marketing and tenant sourcing, if included in the scope

5. Emergency Procedures: Specific procedures for handling emergencies, recommended for larger properties

6. Sustainability Measures: Green building maintenance and sustainability requirements, relevant for certified green buildings

7. Security Services: Specific provisions for security management, relevant for high-value or multi-unit properties

Suggested Schedules

1. Property Details: Detailed description of the property, including location, size, and specifications

2. Scope of Services Matrix: Detailed breakdown of all included and excluded services

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

4. Key Performance Indicators: Performance metrics and standards for evaluating property management services

5. Maintenance Schedule: Planned maintenance schedule and procedures

6. Emergency Contact List: List of emergency contacts and procedures

7. Required Insurance Coverage: Detailed insurance requirements and minimum coverage levels

8. Reporting Templates: Standard templates for required regular reports

9. Service Level Agreement: Detailed service standards and response times

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 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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Relevant Industries

Real Estate

Hospitality

Residential Property

Commercial Property

Mixed-Use Development

Student Housing

Healthcare Facilities

Retail

Industrial Property

Corporate Real Estate

Relevant Teams

Legal

Real Estate

Operations

Facility Management

Asset Management

Property Services

Compliance

Finance

Maintenance

Customer Service

Administration

Relevant Roles

Property Manager

Real Estate Director

Facility Manager

Asset Manager

Operations Manager

Legal Counsel

Compliance Officer

Real Estate Investment Manager

Property Services Coordinator

Building Manager

Leasing Manager

Maintenance Supervisor

Real Estate Portfolio Manager

Property Administrator

Industries








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,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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