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Management Lease Agreement

Management Lease Agreement Template for Singapore

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Key Requirements PROMPT example:

Management Lease Agreement

"I need a Management Lease Agreement for a 20-story commercial office building in Singapore's CBD, where our company will handle all property management services including tenant relations, maintenance, and security, starting from March 2025."

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Document background
The Management Lease Agreement is a crucial document in Singapore's property management sector, designed to establish a clear framework for professional property management services. This agreement is commonly used when property owners wish to delegate the operational management of their properties to professional management companies. The document addresses key aspects including service scope, performance metrics, fee structures, and compliance with Singapore's property laws and regulations. It provides essential protection for both parties by clearly defining roles, responsibilities, and procedures for property management operations, while ensuring alignment with local legal requirements and industry standards.
Suggested Sections

1. Parties: Identifies and defines the contracting parties - the property owner and the management company

2. Background: Sets out the context of the agreement, including property details and purpose of the management arrangement

3. Definitions: Defines key terms used tHRoughout the agreement including Property, Services, Term, and Management Fees

4. Property Description: Detailed description of the managed property including location, bouNDAries, and included facilities

5. Term and Renewal: Duration of the management agreement and conditions for renewal or extension

6. Management Services: Comprehensive outline of all management services to be provided under the agreement

7. Fees and Payment Terms: Management fees, payment schedule, and other financial arrangements

8. Obligations of Manager: Detailed responsibilities and duties of the management company

9. Obligations of Owner: Responsibilities and duties of the property owner

10. Termination: Conditions and procedures for termination of the agreement by either party

Optional Sections

1. Performance Standards: Specific KPIs and service levels for property management performance measurement

2. Staff Requirements: Specific staffing obligations, qualifications, and minimum personnel requirements

3. Marketing Services: Requirements for property promotion and tenant acquisition services

4. Environmental Standards: Green building compliance and sustainability requirements

Suggested Schedules

1. Schedule 1 - Property Details: Detailed property specifications, floor plans, and facility details

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

3. Schedule 3 - Fee Schedule: Comprehensive breakdown of management fees and additional charges

4. Schedule 4 - Maintenance Schedule: Regular maintenance requirements and timeline

5. Schedule 5 - Insurance Requirements: Required insurance coverage, limits, and specifications

6. Schedule 6 - Operating Procedures: Standard operating procedures for property management services

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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Industries

Civil Law Act (Cap. 43): Primary legislation governing contract law principles, enforceability of contracts, and contractual remedies in Singapore

Conveyancing and Law of Property Act (Cap. 61): Legislation governing property rights, interests, and legal requirements for property transactions

Planning Act (Cap. 232): Regulates land use restrictions, zoning requirements, and property development regulations

Building Control Act (Cap. 29): Sets building safety standards, maintenance requirements, and structural requirements for properties

Environmental Public Health Act (Cap. 95): Establishes health and safety requirements, cleanliness standards, and waste management regulations

Building Maintenance and Strata Management Act: Governs property maintenance obligations and common property management requirements

Fire Safety Act: Specifies fire safety requirements and emergency procedures for buildings

Workplace Safety and Health Act: Establishes safety requirements for commercial properties and occupational health standards

Companies Act: Regulates corporate authority and business registration requirements when parties are corporations

Goods and Services Tax Act: Covers tax implications and payment requirements for property transactions and services

Registration Requirements: Specific requirements for registering the management lease agreement with relevant authorities

Insurance Obligations: mandatory insurance requirements and coverage specifications for the property

Maintenance Responsibilities: Allocation of maintenance duties between parties in the management lease agreement

Liability Provisions: Terms defining the scope of liability and responsibility of each party

Dispute Resolution: Mechanisms and procedures for resolving disputes between parties

Termination Clauses: Conditions and procedures for terminating the management lease agreement

Assignment and Subletting Rights: Terms governing the transfer of lease rights and subletting permissions

Property Use Restrictions: Limitations and conditions on how the property may be used under the agreement

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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