Independent Contractor Agreement Real Estate Salesperson Template for Nigeria

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Key Requirements PROMPT example:

Independent Contractor Agreement Real Estate Salesperson

"I need an Independent Contractor Agreement Real Estate Salesperson for my Lagos-based real estate agency to onboard 5 new salespeople starting March 2025, with standard commission rates and the ability to operate across all our residential property listings."

Document background
The Independent Contractor Agreement Real Estate Salesperson is essential for real estate companies operating in Nigeria who engage sales professionals as independent contractors rather than employees. This document is crucial for compliance with Nigerian real estate regulations and labor laws, providing clear distinction between employment and independent contractor status. It should be used when engaging real estate salespeople who will operate with significant autonomy while representing the company in property transactions. The agreement covers critical aspects including commission structures, professional obligations, compliance requirements, and operational guidelines. It's particularly relevant in the Nigerian context where real estate practices must align with both federal and state-level regulations, including the Estate Surveyors and Valuers Act and various property laws. The document helps protect both parties' interests while ensuring transparency in their business relationship.
Suggested Sections

1. Parties: Identification of the real estate company/broker and the independent contractor salesperson

2. Background: Context of the agreement and brief description of the parties' business relationship

3. Definitions: Key terms used throughout the agreement including 'Services', 'Commission', 'Property', etc.

4. Independent Contractor Status: Clear establishment of independent contractor relationship and disclaimer of employment relationship

5. Scope of Services: Detailed description of real estate services to be provided by the contractor

6. Compliance with Laws: Obligation to comply with Nigerian real estate regulations and maintain necessary licenses

7. Commission Structure: Details of commission rates, payment terms, and calculation methods

8. Contractor's Obligations: Specific duties, responsibilities, and performance standards

9. Company's Obligations: Support, resources, and services provided by the real estate company

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

11. Confidentiality: Protection of confidential information and trade secrets

12. Non-Solicitation: Restrictions on soliciting clients or employees

13. Intellectual Property: Ownership and use of company branding, materials, and IP

14. Insurance and Liability: Insurance requirements and allocation of liability

15. Dispute Resolution: Process for resolving disputes under Nigerian law

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

Optional Sections

1. Training Requirements: Used when specific training or certification requirements are mandatory

2. Territory Restrictions: Include when contractor is limited to specific geographic areas

3. Equipment and Resources: Used when specifying contractor's responsibility for own equipment

4. Performance Targets: Include when setting specific sales targets or performance metrics

5. Team Collaboration: Used when contractor may work with or lead other contractors

6. Marketing Guidelines: Include when contractor has significant marketing responsibilities

7. Data Protection: Used when handling significant personal client data

8. Non-Compete: Include when requiring post-termination competition restrictions

Suggested Schedules

1. Schedule A - Commission Structure: Detailed breakdown of commission rates for different types of transactions

2. Schedule B - Approved Marketing Materials: List of approved marketing materials and usage guidelines

3. Schedule C - Territory Map: Geographical area of operation if territory restrictions apply

4. Schedule D - Required Licenses: List of mandatory licenses and certifications

5. Schedule E - Company Policies: Key company policies applicable to contractors

6. Appendix 1 - Code of Ethics: Professional conduct guidelines and ethical standards

7. Appendix 2 - Reporting Templates: Standard forms for activity reporting and commission calculations

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 Development

Construction

Professional Services

Property Management

Real Estate Investment

Commercial Property

Residential Property

Relevant Teams

Legal

Human Resources

Operations

Sales

Compliance

Business Development

Property Management

Contract Administration

Relevant Roles

Real Estate Agent

Property Sales Consultant

Real Estate Broker

Estate Agent

Property Marketing Specialist

Real Estate Sales Manager

Property Sales Director

Compliance Officer

Legal Counsel

HR Director

Operations Manager

Business Development Manager

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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