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A Property Management Agreement spells out the terms when a property owner hires a professional manager to handle their real estate. In the Philippines, these contracts typically cover residential condos, commercial spaces, and rental properties governed by the Real Estate Service Act (RESA).

The agreement details key responsibilities like rent collection, maintenance coordination, tenant screening, and financial reporting. It also sets the manager's fees, specifies their authority to make decisions, and outlines how they'll comply with Philippine housing laws and local ordinances. This protects both parties by clearly defining their roles, rights, and obligations throughout the management relationship.

Use a Property Management Agreement when you're ready to hand over the day-to-day operations of your Philippine real estate to a professional manager. This is especially important for owners who live abroad, manage multiple properties, or lack the time and expertise to handle tenant relations, maintenance, and regulatory compliance.

The agreement becomes essential before letting a property manager collect rent, screen tenants, or make property decisions on your behalf. It's particularly valuable for commercial buildings, condo units, and apartment complexes where professional management can maximize returns while ensuring compliance with RESA regulations and local housing laws.

• Estate Management Agreement: Comprehensive agreement for managing large residential or commercial estates, covering multiple properties and complex facilities
• Property Management Contract Agreement: Standard format for single-property management, ideal for individual condo units or small commercial spaces
• Rent To Rent Management Agreement: Specialized agreement where the manager leases and sub-lets property, common in Philippine apartment complexes
• Rental Agreement Software: Digital management solution for automated property administration and tenant documentation

• Property Owners: Individuals, corporations, or investors who own real estate assets and seek professional management services
• Licensed Property Managers: RESA-accredited professionals or firms who handle day-to-day operations, maintenance, and tenant relations
• Real Estate Attorneys: Legal professionals who draft and review agreements to ensure compliance with Philippine property laws
• Tenants: While not direct parties to the agreement, they interact with property managers who represent the owner's interests
• Building Staff: Maintenance personnel, security guards, and administrative staff who take direction from the property manager

• Property Details: Gather complete property information, including exact address, tax details, and any existing tenant agreements
• Management Scope: Define specific services needed, from basic rent collection to full-service maintenance and tenant screening
• Fee Structure: Determine management fees, commission rates, and additional service charges following Philippine market standards
• Legal Requirements: Verify RESA licenses, local permits, and insurance requirements for both parties
• Document Generation: Use our platform to create a customized, legally-sound agreement that includes all mandatory elements
• Review Points: Check termination clauses, reporting requirements, and emergency protocols before finalizing

• Party Identification: Complete legal names, addresses, and RESA license details of both owner and property manager
• Property Description: Detailed specification of managed properties, including tax declaration numbers and boundaries
• Service Scope: Comprehensive list of management duties, authority limits, and decision-making powers
• Financial Terms: Management fees, payment schedules, and expense handling procedures
• Duration and Termination: Contract period, renewal terms, and grounds for early termination
• Legal Compliance: References to RESA regulations, local housing laws, and data privacy requirements
• Dispute Resolution: Clear procedures for handling disagreements under Philippine law

A Property Management Agreement differs significantly from a Facilities Management Agreement, though they're often confused in the Philippine real estate sector. While both involve professional management services, their scope and focus are distinct.

• Scope of Authority: Property management covers comprehensive real estate operations including tenant relations, rent collection, and property marketing. Facilities management focuses solely on building maintenance, repairs, and physical infrastructure.
• Legal Requirements: Property managers must hold RESA licenses and comply with Philippine rental laws. Facilities managers primarily follow building codes and safety regulations.
• Financial Responsibilities: Property managers handle rent collection, security deposits, and financial reporting. Facilities managers typically manage maintenance budgets and vendor contracts only.
• Duration and Terms: Property management agreements usually run longer (1-3 years) with broader responsibilities. Facilities agreements often cover shorter terms or specific project periods.