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Agreement Between Landlord And Real Estate Agent
"I need an Agreement Between Landlord And Real Estate Agent for my residential property in Cape Town, with standard property management services and a 5% commission structure, ensuring compliance with South African property laws."
1. Parties: Identification of the Landlord and the Real Estate Agent, including registration numbers and license details
2. Background: Context of the agreement, including the Landlord's ownership of the property and desire to appoint the Agent
3. Definitions: Definitions of key terms used throughout the agreement
4. Appointment and Duration: Terms of the Agent's appointment, whether exclusive or non-exclusive, and duration of the agreement
5. Agent's Authority: Scope of authority granted to the Agent in managing and letting the property
6. Agent's Obligations: Detailed responsibilities including marketing, tenant screening, rent collection, and property maintenance coordination
7. Landlord's Obligations: Landlord's responsibilities including providing necessary information and maintaining the property
8. Commission and Fees: Structure and timing of commission payments and additional service fees
9. Property Maintenance: Procedures for handling maintenance requests and emergency repairs
10. Financial Management: Handling of rental income, deposits, and expense payments
11. Compliance: Obligations regarding legal compliance and required documentation
12. Termination: Conditions and procedures for terminating the agreement
13. Dispute Resolution: Process for handling disputes between parties
14. General Provisions: Standard clauses including notices, entire agreement, and governing law
1. Multiple Properties Management: Additional terms for managing multiple properties - include when the landlord has more than one property under management
2. Special Services: Additional services offered by the agent beyond standard property management - include when offering premium services
3. Foreign Owner Provisions: Special requirements for foreign property owners - include when the landlord is not a South African resident
4. Property Development Services: Terms for handling property improvements or developments - include when the agent will oversee renovations or improvements
5. Marketing Budget: Detailed marketing expenditure terms - include when specific marketing budgets are agreed upon
6. Sub-Agency Rights: Terms for appointing sub-agents - include when the agent may need to delegate certain duties
1. Schedule A - Property Details: Detailed description of the property/properties under management
2. Schedule B - Commission Structure: Detailed breakdown of commission rates and calculation methods
3. Schedule C - Management Services: Comprehensive list of included management services and their frequency
4. Schedule D - Fee Schedule: Breakdown of additional fees for special services
5. Schedule E - Maintenance Contractors: List of approved maintenance contractors and service providers
6. Appendix 1 - Property Photographs: Current photographs and condition report of the property
7. Appendix 2 - Required Documentation: Copies of necessary certificates, permits, and compliance documents
Authors
Authority
Commission
Compliance
Confidentiality
Data Protection
Dispute Resolution
Duration
Financial Management
Force Majeure
Governing Law
Indemnification
Insurance
Intellectual Property
Liability
Maintenance
Marketing
Non-Competition
Notice
Payment Terms
Performance Standards
Property Management
Record Keeping
Renewal
Reporting
Representation and Warranties
Service Level
Severability
Sub-Contracting
Termination
Trust Account Management
Variation
Waiver
Whole Agreement
Real Estate
Property Management
Property Investment
Residential Property
Commercial Property
Property Development
Rental Management
Professional Services
Legal
Property Management
Operations
Business Development
Compliance
Administration
Finance
Client Services
Facilities Management
Marketing
Real Estate Agent
Property Manager
Property Practitioner
Rental Manager
Estate Agency Principal
Property Portfolio Manager
Leasing Consultant
Real Estate Attorney
Compliance Officer
Operations Manager
Business Development Manager
Property Administrator
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