Real Estate Agent Referral Form Template for England and Wales

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Key Requirements PROMPT example:

Real Estate Agent Referral Form

"I need a Real Estate Agent Referral Form for my London-based residential property agency to establish a referral arrangement with a Manchester agency, including a 25% commission structure and exclusive territory rights for both parties."

Document background
The Real Estate Agent Referral Form serves as a crucial document in the property sector of England and Wales, facilitating professional collaboration between estate agents while ensuring regulatory compliance. This document is essential when one agent wishes to refer a client to another agent, typically due to geographic limitations, specialization requirements, or workload management. The form captures essential details including client information, property specifications, commission arrangements, and data protection provisions, while ensuring compliance with the Estate Agents Act 1979, Consumer Protection Regulations, and GDPR requirements. It provides a clear framework for managing referral relationships and protecting all parties' interests.
Suggested Sections

1. Parties: Details of referring agent and receiving agent

2. Background: Context of the referral arrangement

3. Definitions: Key terms used in the agreement

4. Referral Details: Specific information about the referred client and property

5. Commission Structure: Details of referral fees and payment terms

6. Confidentiality: Protection of sensitive information

7. Data Protection: GDPR compliance and data handling procedures

Optional Sections

1. Territory Restrictions: Geographic limitations of the referral arrangement - used when dealing with agents in different regions

2. Exclusivity: Terms of exclusive referral rights - used when establishing exclusive referral partnerships

3. Marketing Arrangements: Terms for joint marketing efforts - used when collaboration includes marketing activities

Suggested Schedules

1. Schedule 1: Commission Calculator: Detailed breakdown of commission calculations

2. Schedule 2: Service Level Agreement: Specific service standards and response times

3. Appendix A: Client Data Processing Agreement: Detailed GDPR compliance procedures

4. Appendix B: Referral Process Flowchart: Step-by-step visualization of the referral process

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

Industries

Estate Agents Act 1979: Primary legislation governing estate agent conduct, including requirements for disclosure of personal interests, rules for handling client money, and definition of who can act as an estate agent

Consumer Protection from Unfair Trading Regulations 2008: Regulations ensuring transparency in business practices, prohibiting misleading actions or omissions, and requiring disclosure of material information in property transactions

Data Protection Act 2018 and UK GDPR: Legislation governing the collection and processing of personal information, requiring consent for data sharing and implementation of data protection measures

Consumer Rights Act 2015: Act ensuring fairness of contract terms, transparency in fees and charges, and protection of consumer rights in property transactions

Money Laundering Regulations 2017: Regulations requiring customer due diligence, specific record-keeping requirements, and establishing reporting obligations for property transactions

Property Ombudsman Scheme requirements: Professional standards framework setting requirements for complaint handling procedures and clear communication of fees and services

Competition Act 1998: Legislation preventing anti-competitive practices and regulating referral arrangements between estate agents

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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