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Real Estate Independent Contractor Agreement
"I need a Real Estate Independent Contractor Agreement for my Lagos-based property management company, focusing on luxury residential properties, with a 70-30 commission split and minimum quarterly performance targets starting March 2025."
1. Parties: Identifies and provides full details of the contracting parties - the real estate company/broker and the independent contractor
2. Background: Explains the context of the agreement, including the company's business and contractor's qualifications
3. Definitions: Defines key terms used throughout the agreement
4. Appointment and Status: Establishes the independent contractor relationship and explicitly disclaims any employer-employee relationship
5. Scope of Services: Details the real estate services the contractor will provide
6. Term: Specifies the duration of the agreement and renewal terms
7. Compensation: Details commission structure, payment terms, and any fee-splitting arrangements
8. Contractor's Obligations: Lists specific duties, responsibilities, and performance expectations
9. Company's Obligations: Outlines what support, resources, and services the company will provide
10. Compliance with Laws: Requires adherence to relevant Nigerian real estate and business laws
11. Licenses and Permits: Specifies required professional licenses and responsibility for maintaining them
12. Confidentiality: Protects confidential information of both parties and clients
13. Non-Solicitation: Prevents solicitation of company's clients or other contractors during and after the agreement
14. Insurance and Liability: Specifies insurance requirements and allocation of liability
15. Termination: Details grounds for termination and the termination process
16. Post-Termination Obligations: Outlines obligations and restrictions after agreement ends
17. Governing Law and Jurisdiction: Specifies Nigerian law as governing law and sets jurisdiction for disputes
18. General Provisions: Includes standard clauses like notices, amendments, and severability
1. Training Requirements: Include when the company provides specific training programs or requirements
2. Marketing and Branding: Include when there are specific requirements for using company's brand and marketing materials
3. Office Space and Equipment: Include when providing specific arrangements for office use or equipment
4. Team Collaboration: Include when contractor may work with or lead other contractors
5. Dispute Resolution: Include when parties want specific arbitration or mediation procedures
6. Geographic Territory: Include when restricting contractor to specific geographic areas
7. Performance Targets: Include when setting specific performance metrics or sales targets
8. Exclusivity: Include when requiring contractor to work exclusively with the company
1. Schedule A - Commission Structure: Detailed breakdown of commission rates and payment calculations
2. Schedule B - Approved Activities: List of specific real estate activities the contractor is authorized to perform
3. Schedule C - Company Policies: Key company policies and procedures the contractor must follow
4. Schedule D - Required Insurance Coverage: Specific insurance types and coverage amounts required
5. Schedule E - Office Facilities and Services: Details of office facilities, equipment, and services provided by the company
6. Appendix 1 - Required Documentation: List of required licenses, certificates, and documentation
7. Appendix 2 - Territory Map: Map and description of assigned geographic territory if applicable
8. Appendix 3 - Marketing Guidelines: Guidelines for use of company brand and marketing materials
Authors
Applicable Laws
Broker
Business Day
Client
Commission
Company
Company Materials
Confidential Information
Contractor
Effective Date
Force Majeure
Gross Commission
Independent Contractor
Intellectual Property Rights
License
Listing
Marketing Materials
Net Commission
Notice
Parties
Property
Real Estate Services
Records
Regulatory Authority
Representatives
Service Area
Term
Territory
Transaction
Working Hours
Independent Contractor Status
Scope of Services
Term and Termination
Compensation
Commission Structure
Payment Terms
Performance Requirements
Contractor Obligations
Company Obligations
Compliance with Laws
Licensing Requirements
Professional Standards
Confidentiality
Non-Solicitation
Non-Competition
Intellectual Property
Marketing and Branding
Insurance Requirements
Liability and Indemnification
Record Keeping
Client Relations
Territory Rights
Training Requirements
Office Facilities
Equipment Use
Dispute Resolution
Force Majeure
Assignment
Severability
Entire Agreement
Governing Law
Notices
Amendment
Waiver
Survival
Real Estate
Property Development
Property Management
Commercial Real Estate
Residential Real Estate
Real Estate Investment
Construction
Property Consulting
Facilities Management
Legal
Human Resources
Operations
Sales
Business Development
Compliance
Property Management
Marketing
Finance
Administration
Real Estate Agent
Property Broker
Estate Surveyor
Property Valuer
Real Estate Consultant
Property Manager
Sales Agent
Leasing Agent
Real Estate Marketing Specialist
Property Investment Advisor
Business Development Manager
Real Estate Operations Manager
Compliance Officer
Legal Counsel
Human Resources Director
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