Vendor Service Agreement
Engage maintenance contractors, landscapers, and other property vendors.
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Defines the vendor's service scope, property locations, work standards, scheduling obligations, and any services excluded from the agreement.
Sets the agreed fee structure, invoice documentation requirements, payment timing, reimbursable expenses, taxes, and consequences for disputed or late payments.
Requires the vendor to maintain applicable licenses, permits, insurance coverage, and compliance with laws, safety rules, and property policies.
Allocates responsibility for claims, injuries, property damage, liens, or losses arising from the vendor's negligence, misconduct, or breach.
Protects nonpublic business, owner, tenant, access, security, and property information received by the vendor during the engagement.
Establishes the agreement term, notice-based termination rights, termination for cause, emergency suspension rights, and post-termination obligations.
Provides procedures for resolving disputes, selecting governing law, venue, and preserving remedies for urgent property, safety, or payment issues.
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Frequently asked questions
What is a property vendor service agreement?
What vendors can use this agreement?
Why should insurance and licensing requirements be included?
Can the property manager terminate the vendor agreement?
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