Real Estate Agent Termination Letter Template for Singapore

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Key Requirements PROMPT example:

Real Estate Agent Termination Letter

"I need a Real Estate Agent Termination Letter for my Singapore property at 123 Orchard Road, as the agent has consistently underperformed and failed to meet sales targets; the termination should be effective from March 1, 2025, and needs to address outstanding commission issues."

Document background

The Real Estate Agent Termination Letter is a crucial document used when a property owner or seller wishes to end their relationship with their appointed real estate agent in Singapore. This document must align with the Estate Agents Act 2010 and Council for Estate Agencies (CEA) guidelines, ensuring proper documentation of the termination process. It typically includes the reason for termination, notice period, outstanding commission arrangements, and requirements for returning property-related materials. The letter serves as official documentation of the termination and helps prevent future disputes by clearly stating the terms of separation.

Suggested Sections

1. Date and Address Block: Formal letter heading with date and recipient details including agency name, address, and agent details

2. Reference Line: Agency agreement reference number and relevant property details

3. Notice of Termination: Clear and unambiguous statement of intent to terminate the agency agreement

4. Effective Date: Specific date when the termination takes effect, considering notice period requirements under Singapore law

5. Reason for Termination: Brief explanation of grounds for termination in accordance with Estate Agents Act requirements

6. Return of Materials: Request for return of property documents, keys, and other relevant materials

7. Signature Block: Space for signatures, names, and dates of all relevant parties

Optional Sections

1. Outstanding Commissions: Section addressing any pending commission issues or financial settlements

2. Confidentiality Reminder: Statement reinforcing ongoing confidentiality obligations post-termination

3. Transition Plan: Details of handover process for any ongoing transactions or client relationships

Suggested Schedules

1. Original Agency Agreement: Copy of the initial agreement being terminated

2. Property Handover Checklist: Detailed list of documents and items to be returned to the client

3. Commission Statement: Statement detailing any outstanding commissions or fees to be settled

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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Real Estate
Property Development
Property Management

Relevant Teams

Real Estate
Legal
Operations
Administration
Compliance

Relevant Roles

Property Owner
Real Estate Agent
Property Manager
Real Estate Agency Director
Legal Counsel

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Let's create your Real Estate Agent Termination Letter

Authors

Alex Denne

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