Terms and Conditions

Keep in mind that these terms may vary based on location and the specific requirements of the agency. It is always important to consult a legal professional to ensure compliance with local regulations and to adapt the terms to your particular needs. Here is a basic outline:

1.       The Parties to the Agreement:

• Identification of real estate agents (“Agents”) and clients (“Clients”).

2.       Service Scope:

• Determine the services the Agency will provide to the Client, which may include property registration, marketing, negotiations and other related activities.

3.       Term and Termination:

• State the duration of the agreement (start and end date or conditions for termination).

• Determine the conditions under which either party can terminate the agreement.

4.       Authorities and Obligations of Agents:

• Outline the responsibilities and duties of a real estate agent acting on behalf of the Agency.

• Specify exclusivity or non-competition clauses, if applicable.

5.       Client Obligations:

• Detailing the Client’s responsibilities and obligations, such as providing accurate property information, cooperating with the Agency’s marketing efforts, etc.

6.       Commissions and Fees:

• Clearly state the commission structure and circumstances under which the Agency is entitled to receive

7.       compensation.

• Determine additional costs or expenses that may be the responsibility of the Client.

8.       Confidentiality and Data Protection:

• Addresses how the Agency will handle and protect Client’s personal and sensitive information.

9.       Liability and Indemnity:

• Clarify the extent of the Agency’s responsibility and the Client’s responsibility to indemnify the Agency against certain claims or losses.

10.   Dispute resolution:

• Describe the process for resolving disputes that may arise during the course of the agreement.

11.   Government regulations:

• Determine the jurisdiction whose laws will govern the agreement.

12.   Amendments:

• Indicate the procedure for making changes or amendments to the agreement.

• All agreements:

• Stating that the written agreement constitutes the entire agreement between the parties, replacing the previous oral or written agreement.

13.   Signature:

• Include signature lines for both parties, along with the execution date.

 Remember, terms and conditions must be carefully drafted to protect the interests of both parties and ensure a transparent and smooth working relationship. Legal advice is essential to adapt requirements according to specific requirements and local regulations.

 

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