The Property Management Form is essential for Singapore property owners seeking professional management services for their real estate assets. This document ensures compliance with Singapore's strict property management regulations while protecting the interests of all parties involved. It details service scope, financial arrangements, maintenance standards, and regulatory compliance requirements under Singapore law. The form is particularly important given Singapore's extensive strata title system and comprehensive building maintenance regulations.
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1. Parties: Details of the property management company and property owner
2. Background: Context of the property management arrangement
3. Definitions: Key terms used throughout the agreement
4. Scope of Services: Detailed description of management services to be provided
5. Term and Termination: Duration of agreement and termination conditions
6. Fees and Payment Terms: Management fees, payment schedule, and additional charges
7. Obligations of Manager: Responsibilities and duties of the property manager
8. Obligations of Owner: Responsibilities and duties of the property owner
1. Security Services: Details of security arrangements when included in management scope
2. Insurance: Insurance requirements and coverage specifications when specific arrangements are needed
3. Emergency Procedures: Protocols for emergency situations, typically for larger properties or those with specific risk factors
1. Schedule 1: Property Details: Detailed description of the managed property
2. Schedule 2: Service Level Agreement: Specific performance metrics and standards
3. Schedule 3: Fee Schedule: Detailed breakdown of all fees and charges
4. Appendix A: Maintenance Checklist: Regular maintenance tasks and frequencies
5. Appendix B: Emergency Contact List: Key contact information for emergencies
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