Long form property management agreement
Long form property management agreement

The following Property guidance note provides comprehensive and up to date legal information covering:

  • Long form property management agreement
  • parties
  • background
  • Schedule 1Property
  • Schedule 2Services
  • Schedule 3Property Documents
  • Schedule 4Fees not Recoverable from Occupational Tenants
  • Schedule 5Insurance
  • Part A: Professional Indemnity Insurance
  • Part B: Public Liability Insurance
  • more

This Agreement is made on [insert date]

parties

  1. 1

    [insert name of the Company] [of [insert address] OR incorporated in England and Wales with Company registration number [insert Company registration number] whose registered office is at [insert address] OR (the Company); and

  1. 2

  2. [insert name of the Property Manager] of [insert address ] OR incorporated in England and Wales with Company registration number [insert Company registration number] whose registered office is at [insert address]] (the Property Manager)

background

  1. (A)

    The Company wishes to appoint the Property Manager to carry out the Services under the terms and conditions of this Agreement in return for the payment of the fees subject to the provisions of this Agreement.

  2. (B)

    The Services shall be performed by the Property Manager during the Term.

The parties agree:

  1. 1

    Definitions and Interpretation

    1. 1.1

      Definitions

    2. In this Agreement unless the context otherwise requires:

      Additional Services

      1. means any and all additional services which the Company may instruct the Property Manager to perform pursuant to clause 7

      Bribery Laws

      1. means the Bribery Act 2010 [and all other applicable UK legislation, regulations and codes in relation to bribery or corruption ][and any similar or equivalent