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Real Estate Agent Agreement
"I need a Real Estate Agent Agreement for my commercial property in Lahore, Pakistan, with exclusive agency rights for a 6-month period starting January 2025, including specific provisions for international client marketing and digital promotion strategies."
1. Parties: Identification of the property owner/seller and the real estate agent/agency, including complete contact details and registration numbers
2. Background: Brief context of the agreement, including the owner's intention to sell/lease the property and appointment of the agent
3. Definitions: Key terms used throughout the agreement including 'Property', 'Commission', 'Listing Period', 'Selling Price', etc.
4. Appointment and Scope: Formal appointment of the agent and detailed description of services to be provided
5. Agent's Obligations: Comprehensive list of agent's duties, responsibilities, and standard of service
6. Owner's Obligations: Property owner's responsibilities, including providing accurate information and necessary documentation
7. Commission Structure: Detailed breakdown of commission rates, payment terms, and conditions for commission eligibility
8. Term and Termination: Duration of the agreement, renewal terms, and conditions for termination by either party
9. Confidentiality: Obligations regarding confidential information and client privacy
10. Dispute Resolution: Process for handling disagreements, including jurisdiction and applicable law
11. General Provisions: Standard clauses including notices, amendments, entire agreement, and severability
1. Exclusive Agency Rights: Used when the agent is granted exclusive rights to sell/lease the property
2. International Transactions: Additional provisions for dealing with international buyers/tenants
3. Marketing Budget: Specific arrangements for marketing expenses and cost sharing
4. Sub-Agents: Terms for appointing and working with sub-agents
5. Property Management: Additional terms if the agent will also provide property management services
6. Digital Marketing Rights: Specific provisions for online marketing and social media promotion
7. Force Majeure: Provisions for unforeseen circumstances affecting performance
8. Anti-Money Laundering Compliance: Specific provisions for compliance with AML regulations
1. Property Details: Comprehensive description of the property, including location, size, features, and condition
2. Commission Schedule: Detailed breakdown of commission rates for different transaction types and values
3. Marketing Plan: Detailed marketing strategy and activities to be undertaken
4. Required Documentation: List of necessary documents and certificates required for the property transaction
5. Agent's Credentials: Copies of agent's licenses, certifications, and professional memberships
6. Service Level Agreement: Detailed performance metrics and service standards
7. Fee Schedule: Breakdown of any additional fees or charges beyond the commission
Authors
Agency Period
Agent
Applicable Laws
Asking Price
Business Day
Commission
Confidential Information
Effective Date
Exclusive Agency
Force Majeure Event
Listing
Listing Period
Marketing Materials
Net Sale Price
Owner
Party/Parties
Property
Property Documents
Provincial Laws
Purchase Price
Real Estate Regulatory Authority
Sale Agreement
Services
Sub-Agent
Successful Transaction
Term
Territory
Transaction Documents
Scope of Services
Exclusivity
Commission
Payment Terms
Agent Obligations
Owner Obligations
Property Marketing
Confidentiality
Representations and Warranties
Term and Duration
Termination
Property Access
Marketing Authorization
Sub-Agency
Liability
Indemnification
Force Majeure
Dispute Resolution
Governing Law
Assignment
Notices
Amendment
Severability
Entire Agreement
Anti-Money Laundering
Documentation Requirements
Insurance
Competition Restrictions
Compliance with Laws
Real Estate
Property Development
Construction
Commercial Property
Residential Property
Retail
Hospitality
Industrial
Agriculture (for agricultural land)
Education (for institutional properties)
Legal
Real Estate
Sales
Business Development
Compliance
Operations
Property Management
Asset Management
Contract Administration
Risk Management
Real Estate Agent
Property Manager
Real Estate Broker
Sales Director
Business Development Manager
Property Developer
Legal Counsel
Compliance Officer
Contract Manager
Real Estate Investment Manager
Asset Manager
Property Portfolio Manager
Real Estate Operations Manager
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