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Rental Broker Agreement
"I need a Rental Broker Agreement for my Sydney-based real estate company that will be managing a portfolio of luxury residential properties, with exclusive rights and additional marketing services included, starting from March 2025."
1. Parties: Identifies and provides full details of the broker and the client entering into the agreement
2. Background: Contextual information explaining the purpose of the agreement and the general nature of the broker's services
3. Definitions: Defines key terms used throughout the agreement for clarity and legal certainty
4. Appointment and Scope of Services: Details the formal appointment of the broker and outlines the specific services to be provided
5. Broker's Obligations: Comprehensive list of the broker's duties, responsibilities, and service standards
6. Client's Obligations: Specifies the client's responsibilities, including information provision and cooperation requirements
7. Fees and Commission Structure: Details of all fees, commissions, and payment terms, including when and how payments are to be made
8. Term and Termination: Specifies the duration of the agreement and conditions for termination by either party
9. Confidentiality: Obligations regarding the handling of confidential information and client data
10. Liability and Indemnification: Outlines the limitations of liability and indemnification obligations of both parties
11. Insurance: Specifies required insurance coverage to be maintained by the broker
12. Dispute Resolution: Procedures for handling disputes between the parties
13. General Provisions: Standard legal provisions including governing law, notices, and amendment procedures
1. Exclusive Agency Rights: Used when the broker is granted exclusive rights to represent the client in specified areas or properties
2. Performance Metrics: Include when specific performance standards or KPIs are part of the agreement
3. Marketing Services: Details of additional marketing services if the broker provides property marketing support
4. Property Management Services: Include when the broker also provides property management services
5. Multi-jurisdiction Operations: Required when the broker operates across multiple states or territories
6. Sub-contractor Terms: Include when the broker may engage sub-contractors or affiliate agents
7. Online Platform Services: Used when the broker provides access to online property management or listing platforms
1. Schedule A - Fee Schedule: Detailed breakdown of all fees, commissions, and charges
2. Schedule B - Service Level Agreement: Specific service standards, response times, and performance metrics
3. Schedule C - Territory Definition: Defines the geographical areas covered by the agreement
4. Schedule D - Required Documentation: List of documents and information the client must provide
5. Schedule E - Authorized Representatives: Names and contact details of authorized representatives from both parties
6. Appendix 1 - Property Portfolio: List of properties covered under the agreement (if applicable)
7. Appendix 2 - Marketing Guidelines: Specific guidelines for property marketing and promotion
8. Appendix 3 - Compliance Checklist: Regulatory compliance requirements and verification checklist
Authors
Applicable Laws
Authorized Representative
Broker
Broker's Fee
Business Day
Client
Commencement Date
Confidential Information
Dispute
Effective Date
Exclusive Period
Force Majeure Event
Intellectual Property Rights
Lease
Lease Agreement
Licensed Real Estate Agent
Marketing Services
Material Breach
Notice
Party/Parties
Property
Property Management Services
Reasonable Endeavors
Rental Income
Services
Service Fee
Term
Territory
Tenant
Trust Account
Working Hours
Services
Term
Fees and Commission
Payment Terms
Broker Obligations
Client Obligations
Exclusivity
Performance Standards
Compliance
Confidentiality
Data Protection
Insurance
Liability
Indemnification
Force Majeure
Termination
Assignment
Dispute Resolution
Governing Law
Notices
Anti-Money Laundering
Record Keeping
Marketing
Property Management
Trust Account
Sub-Contracting
Amendments
Entire Agreement
Severability
Representation and Warranties
Intellectual Property
Real Estate
Property Management
Commercial Property
Residential Property
Property Investment
Real Estate Services
Property Development
Asset Management
Corporate Real Estate
Legal
Real Estate Operations
Property Management
Business Development
Compliance
Asset Management
Investment
Client Services
Contract Administration
Risk Management
Real Estate Broker
Property Manager
Leasing Agent
Real Estate Agent
Property Investment Manager
Asset Manager
Portfolio Manager
Business Development Manager
Operations Manager
Legal Counsel
Compliance Officer
Real Estate Director
Property Services Manager
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