Estate Agent Employment Contract Template for Hong Kong

The Estate Agent Employment Contract is essential for formalizing the employment relationship between real estate agencies and licensed estate agents in Hong Kong. This document is used when hiring new estate agents or updating terms for existing agents, ensuring compliance with both the Employment Ordinance and Estate Agents Ordinance. It covers crucial aspects such as licensing requirements, commission structures, performance expectations, and professional conduct obligations. The contract is specifically tailored to Hong Kong's regulatory environment, incorporating requirements from the Estate Agents Authority and local employment laws. It's particularly important given the unique nature of estate agency work, which often involves commission-based compensation and specific professional licensing requirements.

1. Parties: Identification of the employer (estate agency company) and employee (estate agent)

2. Background: Context of the employment relationship and confirmation of agent's licensing status

3. Definitions: Key terms used throughout the agreement including 'Properties', 'Territory', 'Commission', etc.

4. Appointment and Term: Duration of employment, probation period, and renewal terms

5. Duties and Responsibilities: Core duties of the estate agent including compliance with Estate Agents Ordinance

6. Licensing Requirements: Obligation to maintain valid estate agent's license and related requirements

7. Remuneration: Base salary, commission structure, and payment terms

8. Working Hours and Leave: Standard working hours, rest days, and various types of leave entitlements

9. Confidentiality: Protection of company and client confidential information

10. Non-Competition: Restrictions during and after employment

11. Company Policies: Compliance with company policies, procedures, and code of conduct

12. Termination: Grounds for termination, notice periods, and consequences

13. Post-Termination Obligations: Return of company property, handover requirements

14. Governing Law: Hong Kong law as governing law and jurisdiction