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Simple Property Management Agreement Template for Belgium

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Key Requirements PROMPT example:

Simple Property Management Agreement

"I need a Simple Property Management Agreement under Belgian law for a portfolio of three residential apartments in Brussels, with the agreement starting from March 1, 2025, including specific provisions for energy efficiency reporting and green building maintenance."

Document background
The Simple Property Management Agreement is a fundamental legal document used in Belgium when a property owner wishes to delegate the management of their real estate assets to a professional property management company. This agreement is essential for both residential and commercial properties in Belgium, requiring compliance with the Belgian Civil Code, regional housing regulations, and professional property management standards. The document typically includes detailed provisions for property maintenance, tenant management, financial reporting, and regulatory compliance. It's particularly important for foreign investors or owners who need local property management services in Belgium, as well as for Belgian property owners seeking professional management services. The agreement should be drafted in accordance with Belgian law and can be adapted for single or multiple properties.
Suggested Sections

1. Parties: Identification of the property owner and the property management company, including full legal names, registration numbers, and addresses

2. Background: Context of the agreement, including brief description of the property and the owner's intention to engage the manager

3. Definitions: Definitions of key terms used throughout the agreement, including 'Property', 'Services', 'Management Fee', etc.

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

5. Manager's Services and Obligations: Detailed description of core property management services, including maintenance, tenant management, and financial administration

6. Owner's Obligations: Property owner's responsibilities, including providing necessary documentation and maintaining adequate insurance

7. Financial Arrangements: Management fees, payment terms, handling of property income and expenses

8. Reporting and Communications: Requirements for regular reporting, financial statements, and communication protocols

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

10. Compliance: Obligations to comply with relevant Belgian laws and regulations

11. Termination: Conditions and procedures for terminating the agreement

12. Governing Law and Dispute Resolution: Specification of Belgian law as governing law and dispute resolution procedures

Optional Sections

1. Multiple Properties: Additional provisions for managing multiple properties - include when agreement covers more than one property

2. Special Services: Provisions for additional services beyond standard property management - include when special services are requested

3. Emergency Procedures: Detailed emergency response procedures - include for high-value properties or properties with special requirements

4. Staff and Subcontractors: Provisions regarding use of staff and subcontractors - include when manager will regularly employ third parties

5. Environmental Compliance: Special environmental requirements - include for properties with specific environmental concerns or certifications

6. Marketing Services: Provisions for marketing and advertising services - include when manager will handle property marketing

Suggested Schedules

1. Schedule 1 - Property Details: Detailed description of the property/properties, including address, specifications, and current condition

2. Schedule 2 - Services Specification: Detailed breakdown of all management services to be provided

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

4. Schedule 4 - Service Level Agreement: Performance metrics and service level requirements

5. Schedule 5 - Maintenance Guidelines: Specific maintenance requirements and procedures

6. Schedule 6 - Required Insurance: Detailed insurance requirements for both parties

7. Appendix A - Power of Attorney: If required, legal authorization for manager to act on owner's behalf

8. Appendix B - Contact Protocol: List of key contacts and communication procedures

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions








































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Relevant Industries

Real Estate

Property Management

Facilities Management

Real Estate Investment

Property Development

Residential Housing

Commercial Property

Asset Management

Property Services

Relevant Teams

Legal

Real Estate

Property Management

Operations

Asset Management

Facilities Management

Contract Administration

Compliance

Finance

Risk Management

Relevant Roles

Property Manager

Asset Manager

Real Estate Manager

Facilities Manager

Property Owner

Real Estate Investor

Legal Counsel

Contract Manager

Operations Manager

Portfolio Manager

Property Administrator

Real Estate Director

Compliance Officer

Real Estate Agent

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

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