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Property Management Form
"I need a Property Management Form for a commercial office building in Ontario, Canada, starting March 1, 2025, that includes specific provisions for managing multiple corporate tenants and handling shared facility maintenance, with emphasis on after-hours security services."
1. Parties: Identifies and provides full legal details of the property owner and the property management company
2. Background: Describes the context of the agreement, including property details and the owner's desire to engage property management services
3. Definitions: Defines key terms used throughout the agreement
4. Appointment and Term: Specifies the appointment of the property manager and the duration of the agreement
5. Property Manager's Services: Comprehensive list of core services to be provided by the property manager
6. Financial Management: Details handling of rents, expenses, accounts, and financial reporting
7. Maintenance and Repairs: Outlines responsibilities for property maintenance and repair procedures
8. Compliance Requirements: Specifies obligations to comply with relevant laws and regulations
9. Insurance Requirements: Details required insurance coverage for both parties
10. Fees and Compensation: Specifies all management fees, commission structures, and payment terms
11. Termination: Details circumstances and procedures for ending the agreement
12. Liability and Indemnification: Outlines liability limitations and indemnification obligations
13. Dispute Resolution: Specifies procedures for resolving disputes between parties
14. General Provisions: Standard contract clauses including notices, assignment, and governing law
1. Emergency Services: Additional section for properties requiring 24/7 emergency response services
2. Multiple Property Management: Used when agreement covers multiple properties under single ownership
3. Special Amenities Management: For properties with pools, gyms, or other special facilities requiring specific management
4. Commercial Tenant Management: Additional provisions for managing commercial tenants in mixed-use properties
5. Construction Management: For properties undergoing or planning significant renovations or construction
6. Environmental Management: Special provisions for properties requiring specific environmental monitoring or management
7. Security Services: Additional section for properties requiring dedicated security services
8. Marketing Services: Detailed marketing provisions for properties with high vacancy rates or specific marketing needs
1. Schedule A - Property Details: Detailed description of the managed property including address, units, and specific features
2. Schedule B - Fee Schedule: Detailed breakdown of all fees, charges, and commission structures
3. Schedule C - Maintenance Standards: Specific maintenance standards and procedures for the property
4. Schedule D - Required Insurance: Detailed insurance requirements and coverage limits
5. Schedule E - Employee Schedule: List of on-site employees and their responsibilities
6. Schedule F - Service Contractors: List of approved service contractors and their scope of work
7. Appendix 1 - Property Management Software: Details of software systems used for property management
8. Appendix 2 - Emergency Procedures: Detailed emergency response procedures and contact information
9. Appendix 3 - Reporting Templates: Templates for required financial and operational reports
Authors
Residential Real Estate
Commercial Real Estate
Mixed-Use Properties
Multi-Family Housing
Retail Properties
Office Buildings
Industrial Properties
Senior Living Facilities
Student Housing
Legal
Operations
Property Management
Facilities Management
Finance
Risk Management
Compliance
Maintenance
Leasing
Administrative
Asset Management
Property Manager
Real Estate Manager
Asset Manager
Facilities Manager
Building Superintendent
Operations Director
Real Estate Attorney
Compliance Officer
Financial Controller
Maintenance Supervisor
Leasing Manager
Property Administrator
Risk Management Officer
Regional Property Manager
Real Estate Portfolio Manager
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