Co Listing Agent Agreement Template for United Arab Emirates

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Key Requirements PROMPT example:

Co Listing Agent Agreement

"Need a Co-Listing Agent Agreement for collaboration with an international luxury real estate agency, focusing on properties valued above AED 10 million, with specific provisions for digital marketing and global property promotion starting March 2025."

Document background

The Co-Listing Agent Agreement is essential in the UAE real estate market where collaborative property marketing arrangements are common, particularly for high-value properties or specialized market segments. This document is utilized when two licensed real estate agents or agencies wish to formally collaborate in marketing and selling specific properties, ensuring clear delineation of responsibilities and commission structures. The agreement must comply with UAE Federal Real Estate Laws and emirate-specific regulations, including RERA requirements in Dubai and Department of Municipalities and Transport regulations in Abu Dhabi. It typically includes detailed provisions for marketing strategies, client handling protocols, commission splitting arrangements, and compliance with local real estate regulations, making it a crucial tool for professional real estate operations in the UAE market.

Suggested Sections

1. Parties: Identification of the co-listing agents/brokers including their license numbers and registration details as per UAE regulations

2. Background: Context of the agreement and confirmation of agents' qualifications and authority to act

3. Definitions: Key terms used in the agreement including 'Property', 'Commission', 'Territory', 'Listing Period' and other relevant terms

4. Appointment and Scope: Mutual appointment of agents and definition of their collective and individual responsibilities

5. Term and Termination: Duration of the co-listing arrangement and conditions for termination

6. Commission Structure: Details of commission rates and split between agents, payment terms and conditions

7. Marketing and Promotion: Agreed marketing strategy, cost sharing, and branding requirements

8. Responsibilities and Obligations: Specific duties of each agent including showing properties, client communication, and documentation

9. Exclusivity Terms: Terms regarding exclusive rights and territorial restrictions if any

10. Confidentiality: Protection of confidential information and client data

11. Compliance Requirements: Obligations to comply with UAE real estate laws, RERA regulations, and anti-money laundering requirements

12. Dispute Resolution: Process for resolving disputes between agents including applicable jurisdiction

13. General Provisions: Standard contractual terms including notices, amendments, and governing law

Optional Sections

1. International Marketing: Additional terms for international property marketing and cross-border transactions

2. Luxury Property Provisions: Special terms for luxury properties including additional marketing requirements and client service standards

3. Digital Marketing Rights: Specific terms for online marketing, social media, and digital platforms

4. Sub-Agency Provisions: Terms governing the appointment and management of sub-agents

5. Property Management: Terms for ongoing property management services if offered

6. Special Client Requirements: Additional terms for specific client categories (e.g., VIPs, corporate clients)

7. Force Majeure: Provisions for unforeseen circumstances affecting the agreement

Suggested Schedules

1. Schedule 1 - Property Details: Specific details of properties covered under the agreement

2. Schedule 2 - Commission Structure: Detailed breakdown of commission rates, splits, and payment terms

3. Schedule 3 - Marketing Plan: Detailed marketing strategy and budget allocation

4. Schedule 4 - Service Level Agreement: Specific performance metrics and service standards

5. Schedule 5 - Approved Marketing Materials: Templates and guidelines for marketing materials

6. Appendix A - Required Documentation: List of required documents and forms as per UAE regulations

7. Appendix B - Contact Information: Detailed contact information for all parties and key personnel

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Real Estate

Property Development

Luxury Real Estate

Commercial Property

Residential Property

Property Investment

Real Estate Marketing

Property Management

Relevant Teams

Real Estate Sales

Property Marketing

Legal & Compliance

Operations

Business Development

Client Relations

Documentation

Property Management

Marketing & Communications

Contract Administration

Relevant Roles

Real Estate Agent

Property Broker

Senior Property Consultant

Real Estate Sales Manager

Business Development Manager

Property Marketing Manager

Compliance Officer

Real Estate Operations Manager

Agency Director

Managing Broker

Property Portfolio Manager

Real Estate Legal Advisor

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Let's create your Co Listing Agent Agreement

Authors

Alex Denne

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