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Management Agreement (Real Estate)

Management Agreement (Real Estate) Template for Netherlands

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Key Requirements PROMPT example:

Management Agreement (Real Estate)

"I need a Management Agreement (Real Estate) for a portfolio of three commercial office buildings in Amsterdam, where the management company will handle full operational management including tenant relations, maintenance, and financial reporting, with services to commence from March 1, 2025."

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Document background
The Management Agreement (Real Estate) is a crucial document used in the Netherlands when property owners wish to delegate the day-to-day management and operation of their real estate assets to professional management companies. This agreement type is essential for establishing clear guidelines, responsibilities, and authority levels in property management relationships, ensuring compliance with Dutch law and market practices. The document typically includes comprehensive provisions for financial management, maintenance responsibilities, tenant relations, reporting requirements, and service standards. It's particularly relevant in situations where professional management is required for commercial, residential, or mixed-use properties, and needs to align with Dutch civil code requirements, property regulations, and industry standards. The agreement serves as the primary framework for the ongoing relationship between property owners and their chosen management partners.
Suggested Sections

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

2. Background: Context of the agreement and brief description of the property/portfolio

3. Definitions: Key terms used throughout the agreement

4. Appointment and Scope: Formal appointment of manager and outline of general services scope

5. Manager's Duties and Responsibilities: Detailed description of core management services and obligations

6. Authority and Limitations: Manager's decision-making authority and spending limits

7. Financial Management: Handling of property income, expenses, and accounting responsibilities

8. Fees and Expenses: Management fees, reimbursable expenses, and payment terms

9. Reporting and Communications: Required reports, meetings, and communication protocols

10. Insurance and Liability: Insurance requirements and liability allocation

11. Term and Termination: Duration, renewal, and termination provisions

12. Handover Provisions: Requirements for transition upon termination

13. Governing Law and Jurisdiction: Confirmation of Dutch law application and dispute resolution

14. General Provisions: Standard boilerplate clauses including notices, amendments, etc.

Optional Sections

1. Letting Services: Include when manager will handle tenant procurement and management

2. Construction Management: Include when manager will oversee renovations or construction projects

3. Staff Management: Include when on-site staff will be employed or managed

4. Sustainability Requirements: Include for properties requiring specific environmental management

5. Multi-Property Provisions: Include when managing multiple properties under one agreement

6. Emergency Response: Include for properties requiring specific emergency protocols

7. Marketing Services: Include if manager will handle property marketing

8. Security Services: Include for properties requiring specific security arrangements

Suggested Schedules

1. Property Schedule: Detailed description of managed property/properties

2. Services Schedule: Detailed scope of services and service levels

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

4. Key Performance Indicators: Performance metrics and measurement criteria

5. Reporting Templates: Required formats for various reports

6. Contact Details: Key contacts for both parties and escalation procedures

7. Operating Budget: Initial or sample operating budget

8. Bank Account Details: Designated accounts for property operations

9. Maintenance Schedule: Planned maintenance requirements and schedules

10. Emergency Procedures: Detailed emergency response protocols

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



















































Clauses






































Relevant Industries

Commercial Real Estate

Residential Real Estate

Retail Property

Industrial Property

Office Buildings

Mixed-use Development

Shopping Centers

Logistics Real Estate

Healthcare Real Estate

Student Housing

Senior Housing

Hospitality

Relevant Teams

Legal

Real Estate

Property Management

Asset Management

Operations

Facilities Management

Contract Management

Property Services

Investment Management

Risk Management

Finance

Compliance

Relevant Roles

Property Manager

Asset Manager

Real Estate Manager

Facility Manager

Portfolio Manager

Real Estate Director

Operations Manager

Building Manager

Property Management Coordinator

Real Estate Investment Manager

Legal Counsel

Contract Manager

Real Estate Operations Director

Building Operations Manager

Property Services Manager

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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