Real Estate Independent Contractor Agreement Template for Canada

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Key Requirements PROMPT example:

Real Estate Independent Contractor Agreement

"I need a Real Estate Independent Contractor Agreement for my Vancouver-based brokerage to bring on a new luxury real estate agent, with a 70-30 commission split and specific provisions for international property sales, to commence January 15, 2025."

Document background
The Real Estate Independent Contractor Agreement is essential for establishing professional relationships in the Canadian real estate industry, where most real estate agents operate as independent contractors rather than employees. This document is used when a licensed real estate professional seeks to affiliate with a brokerage while maintaining their independent business status. It addresses crucial aspects such as commission structures, service obligations, compliance with provincial real estate regulations, and professional standards. The agreement is designed to protect both the brokerage's interests in maintaining regulatory compliance and professional standards, and the contractor's interests in preserving their independent status while accessing brokerage services and support. This document is particularly important in the Canadian context, where real estate practices are regulated at both federal and provincial levels, requiring careful attention to various compliance requirements and professional standards.
Suggested Sections

1. Parties: Identifies the brokerage and the independent contractor real estate professional

2. Background: Explains the context of the agreement, including the brokerage's business and contractor's qualifications

3. Definitions: Defines key terms used throughout the agreement

4. Independent Contractor Status: Clearly establishes the nature of the relationship and distinguishes it from employment

5. Licenses and Qualifications: Details required licenses, registrations, and ongoing educational requirements

6. Scope of Services: Outlines the real estate services the contractor is authorized to provide under the brokerage

7. Compensation Structure: Details commission splits, fee arrangements, and payment terms

8. Contractor's Obligations: Specifies responsibilities, compliance requirements, and professional standards

9. Brokerage's Obligations: Outlines the brokerage's commitments, support, and services provided

10. Compliance and Regulations: Addresses adherence to real estate laws, anti-money laundering requirements, and professional standards

11. Marketing and Branding: Guidelines for using brokerage brand and marketing materials

12. Confidentiality: Protects confidential information of the brokerage and clients

13. Insurance and Liability: Specifies required insurance coverage and allocation of liability

14. Term and Termination: Duration of agreement and conditions for termination

15. Post-Termination Obligations: Responsibilities and restrictions after agreement ends

16. General Provisions: Standard clauses including governing law, amendments, and notices

Optional Sections

1. Team Operations: Used when contractor operates or joins a team within the brokerage

2. Multiple Office Locations: Included when contractor may operate from various brokerage offices

3. Specialized Services: Added for contractors offering additional services like property management or commercial real estate

4. Technology Systems: Details specific technology platforms and systems when brokerage provides proprietary tools

5. Training Program Participation: Included when brokerage offers optional training programs

6. Mentorship Arrangements: Used for new agents requiring or providing mentorship

7. International Real Estate: Added for contractors handling international transactions

8. Referral Network Participation: Included when contractor participates in specific referral programs

Suggested Schedules

1. Schedule A - Commission Structure: Detailed breakdown of commission splits and bonus structures

2. Schedule B - Office Services and Facilities: List of brokerage-provided services, equipment, and facilities

3. Schedule C - Required Insurance Coverage: Specific insurance requirements and minimum coverage amounts

4. Schedule D - Technology and Systems Access: Details of provided technology tools and access credentials

5. Schedule E - Marketing Guidelines: Specific rules and standards for marketing and advertising

6. Appendix 1 - Compliance Checklist: Checklist of regulatory requirements and compliance procedures

7. Appendix 2 - Required Forms: Standard forms and documents used in real estate transactions

8. Appendix 3 - Office Policies: Brokerage's policies and procedures manual

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

Relevant legal definitions
Clauses
Relevant Industries

Real Estate

Property Management

Commercial Real Estate

Residential Real Estate

Luxury Real Estate

Industrial Real Estate

Real Estate Development

Property Investment

Real Estate Services

Relevant Teams

Legal

Compliance

Operations

Real Estate Sales

Property Management

Commercial Real Estate

Residential Real Estate

Contract Administration

Risk Management

Human Resources

Professional Development

Relevant Roles

Real Estate Agent

Real Estate Broker

Managing Broker

Real Estate Sales Representative

Property Manager

Commercial Real Estate Agent

Luxury Real Estate Specialist

Real Estate Investment Specialist

Real Estate Compliance Officer

Real Estate Operations Manager

Brokerage Owner

Real Estate Legal Counsel

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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