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Agent And Landlord Agreement
"I need a standard Agent and Landlord Agreement for my residential property in Auckland, New Zealand, with basic property management services and a maintenance spending limit of $500 without prior approval."
1. Parties: Identification of the Agent (property management company) and the Landlord, including full legal names, company details, and contact information
2. Background: Context of the agreement, including the purpose of engaging the property manager and reference to relevant legislation
3. Definitions: Definitions of key terms used throughout the agreement, including 'Property', 'Services', 'Management Fee', etc.
4. Appointment and Term: Formal appointment of the agent, scope of authority, and duration of the agreement including renewal terms
5. Agent's Services and Obligations: Comprehensive list of services to be provided by the agent, including property marketing, tenant selection, rent collection, maintenance coordination, and reporting
6. Landlord's Obligations: Responsibilities of the landlord, including providing accurate information, maintaining insurance, and funding property expenses
7. Fees and Expenses: Detailed breakdown of management fees, commission structures, and additional charges for specific services
8. Property Maintenance and Repairs: Procedures for handling maintenance requests, spending limits, emergency repairs, and contractor engagement
9. Financial Management: Handling of rent collection, trust account management, financial reporting, and disbursement procedures
10. Compliance and Legal Obligations: Responsibilities regarding compliance with relevant legislation, including Residential Tenancies Act and Health and Safety requirements
11. Termination: Conditions and procedures for terminating the agreement by either party
12. General Provisions: Standard contractual provisions including dispute resolution, notices, assignment, and governing law
1. Multiple Property Management: Additional terms for managing multiple properties, used when the landlord has a portfolio of properties
2. Body Corporate Management: Specific provisions for properties subject to body corporate rules, used for apartments or units
3. Guarantee: Terms for personal guarantee, used when dealing with company landlords
4. Additional Services: Terms for extra services like renovation project management or property development consulting
5. Insurance Claims Management: Specific procedures for handling insurance claims, useful for properties in high-risk areas
6. Foreign Investment Provisions: Additional compliance requirements for overseas landlords
7. Property Development Services: Terms for managing properties under development or renovation
1. Schedule 1: Property Details: Specific details of each managed property, including address, features, and any special requirements
2. Schedule 2: Fee Schedule: Detailed breakdown of all fees, charges, and commission structures
3. Schedule 3: Maintenance Spending Limits: Specified limits for maintenance expenditure and approval requirements
4. Schedule 4: Reporting Requirements: Format and frequency of various reports to be provided to the landlord
5. Schedule 5: Key Performance Indicators: Specific performance metrics and targets for the agent
6. Appendix A: Property Condition Report: Detailed assessment of property condition at the start of management
7. Appendix B: Required Insurance Coverage: Specifications for required insurance coverage and limits
8. Appendix C: Authorized Contractors List: Pre-approved contractors and service providers for property maintenance
Authors
Real Estate
Property Management
Residential Property
Commercial Property
Property Investment
Real Estate Services
Property Development
Asset Management
Facilities Management
Legal
Property Management
Operations
Business Development
Compliance
Finance
Client Services
Facilities Management
Asset Management
Administrative Support
Property Manager
Real Estate Agent
Property Management Director
Asset Manager
Facilities Manager
Property Portfolio Manager
Business Development Manager
Operations Manager
Compliance Officer
Legal Counsel
Property Administrator
Leasing Manager
Regional Property Manager
Client Relationship Manager
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