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Independent Contractor Agreement Real Estate Salesperson
"I need a standard Independent Contractor Agreement Real Estate Salesperson for a new property salesperson joining my agency in Kuala Lumpur, with basic commission structure and standard non-compete terms."
1. Parties: Identification of the real estate agency and the independent contractor salesperson
2. Background: Context of the agreement and confirmation of salesperson's qualifications and registrations
3. Definitions: Key terms used throughout the agreement including 'Commission', 'Property', 'Services', 'Clients'
4. Independent Contractor Status: Clear statement of independent contractor relationship and distinction from employment
5. Scope of Services: Detailed description of real estate services to be provided
6. Compliance with Laws: Obligation to comply with Malaysian real estate laws and regulations
7. Commission Structure: Details of commission rates, calculation methods, and payment terms
8. Duties and Responsibilities: Specific obligations of the salesperson including client service, reporting, and professional conduct
9. Term and Termination: Duration of agreement and circumstances for termination
10. Confidentiality: Protection of agency and client confidential information
11. Non-Solicitation: Restrictions on soliciting agency's clients or other salespersons
12. Insurance and Liability: Insurance requirements and allocation of liability
13. Dispute Resolution: Process for resolving disputes between parties
14. General Provisions: Standard legal provisions including governing law, notices, and amendments
1. Non-Compete: Restrictions on competing activities - optional based on agency policy and local enforceability
2. Marketing and Branding: Guidelines for using agency's brand and marketing materials - needed if agency has specific requirements
3. Training Requirements: Mandatory training or professional development requirements - include if agency provides/requires specific training
4. Office Space and Support: Terms for use of office facilities and support services - include if agency provides these
5. Team Arrangements: Rules for forming or joining real estate teams - include if agency allows team structures
6. International Transactions: Special provisions for international real estate transactions - include if agency deals internationally
1. Schedule A - Commission Structure: Detailed breakdown of commission rates for different types of transactions
2. Schedule B - Approved Marketing Materials: List of pre-approved marketing templates and materials
3. Schedule C - Required Insurance Coverage: Specific insurance types and coverage amounts required
4. Schedule D - Office Facilities and Services: List of available office facilities and support services
5. Schedule E - Compliance Checklist: Checklist of regulatory requirements and necessary registrations
6. Appendix 1 - Code of Ethics: Agency's code of ethics and professional conduct standards
7. Appendix 2 - Required Forms: Standard forms and documents required for transactions
Authors
Agency
Board
Business Day
Client
Commission
Confidential Information
Effective Date
Estate Agency Practice
Intellectual Property
Laws
Licensed Estate Agent
Marketing Materials
Party
Personal Data
Property
Registration Card
Real Estate Services
Salesperson
Service Fee
Term
Territory
Transaction
Valuation Board
Appointment
Independent Contractor Status
Term
Services
Commission
Payment Terms
Duties and Obligations
Compliance
Professional Standards
Registration Requirements
Marketing and Branding
Intellectual Property
Confidentiality
Data Protection
Non-Solicitation
Non-Competition
Insurance
Indemnification
Termination
Force Majeure
Dispute Resolution
Governing Law
Assignment
Severability
Entire Agreement
Notices
Amendment
Waiver
Third Party Rights
Real Estate
Property Development
Commercial Property
Residential Property
Industrial Property
Retail Property
Property Management
Real Estate Investment
Property Consultancy
Legal
Compliance
Human Resources
Operations
Sales
Property Management
Marketing
Administration
Finance
Risk Management
Real Estate Agent
Property Salesperson
Real Estate Broker
Estate Agency Director
Property Consultant
Real Estate Marketing Manager
Compliance Officer
Legal Counsel
Human Resources Manager
Operations Manager
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