The Property Management Contract Agreement is a crucial legal document used in Australian property management operations to formalize the relationship between property owners and professional property managers. This agreement is essential when property owners wish to delegate the day-to-day management of their real estate assets to a licensed property management company. It covers all aspects of property management including authority levels, service scope, fee structures, maintenance procedures, financial reporting, and compliance requirements. The document ensures compliance with Australian property legislation, including the Property Stock and Business Agents Act, Residential Tenancies Act, and relevant state-specific regulations. It is particularly important for protecting both parties' interests and establishing clear operational parameters for effective property management.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identifies and provides full details of the property owner(s) and the property management company
2. Background: Outlines the context of the agreement, including the property owner's intention to engage the property manager
3. Definitions and Interpretation: Defines key terms used throughout the agreement and establishes rules for interpretation
4. Appointment and Term: Specifies the appointment of the property manager, scope of authority, and duration of the agreement
5. Property Manager's Services: Details the core property management services to be provided
6. Property Manager's Authority: Outlines the scope of decision-making power and financial authority granted to the property manager
7. Owner's Obligations: Lists the property owner's responsibilities and commitments
8. Fees and Expenses: Details all management fees, commission structures, and reimbursable expenses
9. Financial Management: Covers rent collection, trust account management, and financial reporting obligations
10. Maintenance and Repairs: Establishes procedures for property maintenance, repairs, and emergency responses
11. Insurance and Risk Management: Specifies required insurance coverage and risk management procedures
12. Compliance and Reporting: Outlines compliance obligations and reporting requirements
13. Termination: Details circumstances and procedures for ending the agreement
14. Dispute Resolution: Establishes processes for handling disagreements between parties
15. General Provisions: Includes standard legal clauses such as notices, assignment, and governing law
1. Multiple Properties Management: Additional provisions for managing multiple properties under the same agreement
2. Special Services: Details of additional services such as renovation project management or holiday letting
3. Performance Standards: Specific KPIs and service level agreements for property management services
4. Marketing and Leasing Strategy: Detailed provisions for marketing vacant properties and securing tenants
5. Strata Management Interface: Provisions for properties under strata schemes
6. Natural Disaster Response: Specific procedures for managing properties in disaster-prone areas
7. Foreign Owner Provisions: Additional requirements for foreign property owners
8. GST Provisions: Detailed GST handling for commercial properties or GST-registered owners
1. Property Schedule: Detailed description of the managed property/properties including addresses and specific features
2. Fee Schedule: Comprehensive breakdown of all fees, charges, and commission structures
3. Maintenance Authority Limits: Specified monetary limits for maintenance decisions without owner approval
4. Required Insurance Coverage: Details of mandatory insurance requirements and coverage levels
5. Service Level Standards: Specific performance metrics and service standards
6. Reporting Ƶ: Standard formats for various required reports
7. Key Contact Details: List of emergency contacts, preferred contractors, and key stakeholders
8. Bank Account Details: Banking information for rent collection and owner payments
Find the exact document you need
Rent To Rent Management Agreement
An Australian legal agreement enabling a management company to lease and sub-let a property, detailing rights, obligations, and financial terms between the owner and manager.
Download
Corporate Let Management Agreement
An Australian-law governed agreement establishing terms for professional management of corporate-owned real estate assets, including property management services, responsibilities, and compliance requirements.
Download
Property Management Contract Agreement
An Australian-law governed agreement between property owners and property managers defining property management services, responsibilities, and terms.
Download
Lease Management Contract
An Australian jurisdiction agreement between property owners and lease management companies establishing terms for professional property management services.
Download
Property Management Agency Agreement
An Australian legal agreement establishing terms and conditions between a property owner and management agency for professional property management services.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s 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
.png)