The Building Management Agreement is essential for property owners seeking professional management services for their buildings in England and Wales. This document defines the comprehensive framework for building management, including service delivery, financial arrangements, and compliance requirements. It's particularly crucial for properties requiring dedicated management services, such as large residential blocks, commercial buildings, or mixed-use developments. The agreement ensures clear accountability, service standards, and protection for all parties involved while maintaining compliance with relevant property and safety legislation.
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1. Parties: Identification and details of the building owner and management company
2. Background: Context of the agreement and property details
3. Definitions: Key terms used throughout the agreement
4. Appointment and Term: Scope and duration of the management appointment
5. Manager's Duties: Core responsibilities and services to be provided
6. Fees and Payment Terms: Management fees, payment schedule, and additional charges
7. Insurance Requirements: Mandatory insurance coverage and obligations
8. Termination: Conditions for ending the agreement
1. Staff Management: Employment terms for on-site staff - include when the manager is responsible for employing site staff
2. Major Works: Procedures for significant building works - include when the manager has authority to commission major works
3. Service Charge Management: Collection and administration of service charges - include when the manager handles service charge funds
1. Schedule 1 - Property Details: Detailed description of the managed property
2. Schedule 2 - Services Specification: Detailed list of management services to be provided
3. Schedule 3 - Fee Schedule: Breakdown of management fees and charges
4. Schedule 4 - KPIs: Performance metrics and standards
5. Appendix A - Emergency Procedures: Emergency response protocols
6. Appendix B - Reporting Requirements: Format and frequency of management reports
Relevant legal definitions
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