tiktok成人版

Property Management Contract Agreement for Philippines

Property Management Contract Agreement Template for Philippines

A comprehensive legal agreement governed by Philippine law that establishes the terms and conditions under which a professional property management company will manage and operate a property on behalf of the owner. The document outlines the scope of services, responsibilities of both parties, compensation structure, operational procedures, and compliance requirements in accordance with Philippine real estate laws and regulations, including the Real Estate Service Act (RESA) and relevant provisions of the Civil Code of the Philippines. It serves as the primary framework for the professional relationship between property owners and management companies, ensuring clear accountability and service delivery standards.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get template free

Your data doesn't train Genie's AI

You keep IP ownership聽of your docs

4.6 / 5
4.6 / 5
4.8 / 5

What is a Property Management Contract Agreement?

The Property Management Contract Agreement is a crucial document used in the Philippine real estate industry when property owners wish to delegate the management and operation of their real estate assets to professional property management companies. This agreement, governed by Philippine law including the Real Estate Service Act (RESA) and the Civil Code, is essential for both commercial and residential properties where professional management is required. It typically includes detailed provisions for property maintenance, tenant relations, financial management, reporting requirements, and operational procedures. The document ensures compliance with local regulations while protecting the interests of both the property owner and the management company. It's particularly relevant for properties requiring professional management such as commercial buildings, residential complexes, shopping centers, and mixed-use developments, where day-to-day operations need specialized expertise and systematic management approaches.

What sections should be included in a Property Management Contract Agreement?

1. Parties: Identifies and provides full details of the property owner and the property management company, including registration numbers and addresses

2. Background: Establishes the context of the agreement, including brief description of the property and the owner's desire to engage professional management services

3. Definitions: Defines key terms used throughout the agreement to ensure clear interpretation

4. Appointment and Term: Formal appointment of the property manager, specifying the initial term and any renewal provisions

5. Scope of Services: Comprehensive list of property management services to be provided, including maintenance, tenant management, and financial responsibilities

6. Property Manager's Responsibilities: Detailed obligations of the property manager, including reporting requirements, maintenance standards, and operational procedures

7. Owner's Responsibilities: Obligations of the property owner, including funding requirements and decision-making authorities

8. Fees and Payment Terms: Management fees, payment schedule, reimbursable expenses, and payment procedures

9. Insurance and Liability: Required insurance coverage and allocation of liability between parties

10. Termination: Grounds for termination, notice requirements, and post-termination obligations

11. Confidentiality: Obligations regarding confidential information and data protection

12. General Provisions: Standard clauses including governing law, dispute resolution, force majeure, and notices

What sections are optional to include in a Property Management Contract Agreement?

1. Emergency Services: Details specific procedures and authorities for emergency situations - include for properties requiring 24/7 emergency response

2. Special Facilities Management: For properties with special facilities like swimming pools, gyms, or function rooms - details specific management requirements

3. Marketing Services: Include when the property manager is responsible for marketing vacant units or the property itself

4. Development and Renovation: For properties planning major renovations or development projects - outlines additional responsibilities and procedures

5. Staff Management: When the property requires on-site staff - details hiring, supervision, and management responsibilities

6. Environmental Compliance: For properties requiring specific environmental management or certification

7. Security Services: Detailed security requirements for high-security properties or those in sensitive locations

What schedules should be included in a Property Management Contract Agreement?

1. Property Details: Detailed description of the property, including address, land title details, and physical characteristics

2. Scope of Services Matrix: Detailed breakdown of services with responsibility matrix between owner and manager

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

4. Key Performance Indicators: Performance metrics and standards for evaluating property management services

5. Operating Budget: Initial or sample annual operating budget for the property

6. Maintenance Schedule: Preventive maintenance schedule and procedures

7. Emergency Procedures: Detailed emergency response procedures and contact information

8. Required Insurance: Specific insurance requirements including types of coverage and minimum amounts

9. Property Staff Structure: Organization chart and job descriptions for on-site staff

10. Report Templates: Templates for required periodic reports and documentation

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

Jurisdiction

Philippines

Cost

Free to use

Find the exact document you need

Rent To Rent Management Agreement

A Philippine law-governed agreement allowing a management company to rent and sub-let property while managing it on behalf of the property owner.

Download

Estate Management Agreement

A Philippine law-governed agreement establishing terms for professional management of real estate properties, defining responsibilities between property owners and management companies.

Download

Rental Agreement Software

A Philippine law-governed agreement establishing terms for temporary software usage, including licensing, payment, and compliance requirements.

Download

Property Management Contract Agreement

A Philippine law-governed agreement establishing terms and conditions for professional property management services, defining responsibilities and operational framework between property owners and management companies.

Download
See more related templates

骋别苍颈别鈥檚 Security Promise

Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; 骋别苍颈别鈥檚 AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it