Standard Duty Of Care Contract (Real Estate Transaction With Appointed Agent)
Publisher one
Genie AISource file
standard_duty_of_care_contract_(real_estate_transaction_with_appointed_agent)_template.docxJurisdiction
England and WalesCost
Free to useRelevant sectors
Type of legal document
💶 Duty of care agreementBusiness activity
Duty of care agreementA duty of care agreement is a legally binding contract that outlines the duties and responsibilities of each party involved in a caregiving relationship. The agreement establishes the expectations and boundaries of the caregiving arrangement, and can help prevent misunderstandings and conflict between the parties.
Under UK law, real estate agents have a fiduciary duty towards their clients, requiring them to act in their best interests, exercise reasonable care, skill, and diligence, and avoid any conflicts of interest. This legal template aims to establish a clear and enforceable agreement between the agent and the client, defining the scope of their professional relationship and setting expectations regarding their obligations and the level of care they must provide.
This contract may cover various aspects of a real estate transaction, including property search, valuation, marketing, negotiation, and completion. It outlines the specific services that the appointed agent is committed to providing, such as researching suitable properties, preparing property particulars, organizing viewings, advising on pricing and marketing strategies, and assisting with the negotiation and preparation of contractual documentation.
Moreover, the template may address other essential terms, such as the agent's responsibility for ensuring the accuracy of information provided, maintaining confidentiality, promptly notifying the client of any offers or developments, and acting in their best interests throughout the transaction process. The contract could also include provisions related to the agent's commission or fees, termination rights, and dispute resolution mechanisms.
By utilizing the Standard Duty of Care Contract (Real Estate Transaction with Appointed Agent) under UK law, both clients and agents benefit from a comprehensive and mutually agreed-upon framework that clarifies their respective roles and responsibilities. This contract serves as a legally binding tool to help safeguard the interests of all parties involved, fostering transparency, professionalism, and accountability within the real estate industry.
How it works
Try using Genie's Free AI Legal Assistant
Generate quality, formatted contracts with AI
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Let our Legal AI make edits for you
Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.
AI review
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Book your personalised demo now
Similar legal templates
Video Production Commission Agreement
The template covers essential elements related to video production, such as project scope, timeline, budget, ownership of intellectual property rights, cancellation or termination provisions, and dispute resolution mechanisms. It defines the specific services to be provided by the production company, including pre-production, filming, editing, and delivery.
Additionally, the template may include provisions related to payment terms, confidentiality and non-disclosure agreements, limitations of liability, and indemnification clauses. It also addresses issues surrounding the use of talent, locations, equipment, and third-party services, ensuring compliance with relevant laws and regulations in the UK.
The Video Production Commission Agreement aims to protect the interests of both parties by clearly outlining their respective responsibilities and expectations. By entering into this legally binding contract, the production company and client can establish a solid foundation for their working relationship, mitigating potential disputes and ensuring a smooth and collaborative video production process in accordance with UK law.
Publisher
Genie AIJurisdiction
England and WalesUnderwriting Arrangement Mandate And Commitment Letter
The template typically covers various aspects of the underwriting agreement, including the scope of the underwriter's mandate, the underwriting commitment, and the underwriting fees or compensation to be paid. Additionally, it may address the conditions under which the underwriter is expected to source potential investors, market the securities, and potentially purchase any unsold portion of the securities.
The letter may also detail other significant clauses relevant to the underwriting arrangement, such as termination provisions, representations and warranties, indemnification, confidentiality, dispute resolution mechanisms, and applicable legal jurisdiction.
By providing a standardized framework for underwriting agreements, this legal template ensures clarity, professionalism, and legal compliance for all parties involved, promoting a fair and transparent underwriting process under the UK legal system.
Publisher
Genie AIJurisdiction
England and WalesUX Designer Contract
This UX Designer contract template is designed for a commercial ux design organisation (or an individual ux designer) to use when contracting out their skills and services in exchange for payment. This contract sets out the type of ux design and ux-design-related services to be completed by the ux designer on behalf of the client, with consideration for expectations around quality and delivery timescales, as well as any mitigating circumstances. This contract allows for payment to be made by the client to the ux design firm or individual ux designer on a weekly or monthly basis but can easily be edited to account for other payment schedules and could be altered to include bonuses conditional on performance. It can also be fully customised with the details of the two parties and the duration of the contract and can be printed, downloaded and edited freely as part of our mission to open source business legals. This is a template for contractors who fit outside of the UK's off-payroll working rules (IR35).
