When we all look at contracts, we think the same thing every time. Or at least I do. The contract is a piece of paper to help me get done what I need to get done. In most cases, however, the amount of time someone thinks that these contracts are a large and in the way, with large complex terms that don’t actually mean anything. It is my intention to take you on a journey that will help you understand the complexities of a commercial property management agreement, through human and alien eyes (actual description of the iCollege theme), while looking at the “human” reality under the mask of sheet metal and plastic covering the fleeing ship’s hull.
A contract is an agreement between two or more entities that is written or spoken. A commercial property management contract is a contract that outlines the relationship between a property manager and the owner or owners of a space or pieces of property. The reason this contract is so important is that the commercial property may be in a location that has a large population of aliens, humans, and other life forms of planetary origins. Therefore, the contract must outline activities, routines, and protocols of a day-to-day basis. The managers know their tenants and the appropriate actions to take. Without these contracts, the relationships and agreements between the parties would not exist.
Some of the most significant clauses that should be included, (as well as echoed by a Vulcan representative), are the following:
The responsibilities of the property manager for humans and aliens alike are as follows:
The agreement between the tenant and the landlords should be similar to a treaty between two planets, although the relationship is more in the realm of employer-employee.
Dispute resolution is a key to company structure. In the same way it is important that you analyze The Federation’s approach to issues within the Borg and Klingon Landing Parties. Whether resolution continues to a Klingon Court or Federation Court, most enduring federations have binding resolution within either species. The contract should detail the type of dispute resolution to be used, whether mediation, arbitration or other forms.
Even galaxies away the contract covers the financial relationship and the rent owed to the owners. This can be defined by a contract and can be beneficial to the entities involved. Human and Galactic Credit Banks may hold funds, or an intergalactic money exchange may be needed to assist with timely payments.
Renewals and termination can be covered in a number of ways that entail a circumstance that may prevent renewal or termination. For example, a galaxy exploding, war, bankruptcy, or foreclosure may void the contract if it does not define the circumstances that invoke the clause. The contract may be terminated by:
The language used in the agreement is important for the understanding of humans and intergalactic societies alike. It is the basic language of our culture, defined so that any intelligent human can comprehend the clauses and words used in the contract. The contract should be short, concise and simplified.
The future of commercial property management will include diversity not only between humans, but between intergalactic societies that see humans as monkeys or other creatures. Some contracting parties in your galaxy may need other considerations and additional research into your tenants may be necessary to assist with their preferences and desires in the relationship they are entering into.