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Real Estate Independent Contractor Agreement
"I need a Real Estate Independent Contractor Agreement for my new agency in Cape Town, South Africa, which will be engaging 5 independent contractors starting March 2025, with specific focus on luxury residential properties and including strict non-compete clauses."
1. Parties: Identification of the real estate agency and the independent contractor
2. Background: Context of the agreement, including the agency's business and the contractor's qualifications and intentions
3. Definitions: Key terms used throughout the agreement, including specific real estate industry terminology
4. Independent Contractor Status: Clear establishment of independent contractor relationship and explicit distinction from employment
5. Term and Termination: Duration of the agreement and conditions for termination by either party
6. Duties and Responsibilities: Specific obligations of the contractor in performing real estate services
7. Compliance with Laws: Obligation to comply with relevant real estate laws, regulations, and professional standards
8. Commission Structure: Details of commission calculations, payment terms, and conditions
9. Professional Requirements: Licensing, registration, and continuing education requirements
10. Expenses and Equipment: Responsibility for business expenses and required equipment
11. Confidentiality: Protection of confidential information and trade secrets
12. Non-Solicitation: Restrictions on soliciting agency's clients or other contractors
13. Insurance and Liability: Insurance requirements and allocation of liability
14. Data Protection: Compliance with POPIA and handling of personal information
15. Dispute Resolution: Process for resolving disputes between parties
16. General Provisions: Standard contractual clauses including notices, amendments, and governing law
1. Non-Compete: Restrictions on competing activities, optional based on agency requirements and local enforceability
2. Training and Support: Optional provisions for agency-provided training and support services
3. Marketing and Branding: Guidelines for using agency's brand and marketing materials, if applicable
4. Team Arrangements: Provisions for contractors working in teams or with assistants
5. Retirement or Death Provisions: Handling of pending transactions and commission payments in case of retirement or death
6. Technology Usage: Rules for using agency's technology systems and platforms
7. International Transactions: Special provisions for handling international property transactions
8. Referral Program: Terms for participation in agency's referral program
1. Commission Schedule: Detailed breakdown of commission rates and special commission arrangements
2. Required Equipment List: List of equipment and tools contractor must provide or maintain
3. Agency Policies: Key agency policies and procedures contractor must follow
4. Territory Definition: Description of geographical area or market segment, if applicable
5. Marketing Guidelines: Detailed marketing and branding requirements
6. Compliance Checklist: List of regulatory requirements and compliance obligations
7. Professional Development Requirements: Details of required training and professional development activities
8. Insurance Requirements: Specific insurance coverage requirements and minimum limits
Authors
Agency
Contractor
Commission
Confidential Information
Effective Date
FICA
Gross Commission Income
Independent Contractor Services
Intellectual Property
Listing
Mandate
Personal Information
POPIA
Property
Property Practitioner
Property Practitioners Act
Property Transaction
Regulatory Authority
Services
Territory
Trust Account
Working Day
Commission Split
Marketing Material
Professional Registration
Qualifying Transaction
Referral Fee
Real Estate Services
Termination Date
Trade Secrets
Transaction Documents
Business Day
Compliance Requirements
Fidelity Fund Certificate
Operating Expenses
Professional Conduct
Selling Price
Independent Contractor Status
Term
Services
Compliance
Commission
Payment Terms
Professional Registration
Regulatory Compliance
Confidentiality
Non-Solicitation
Non-Compete
Intellectual Property
Data Protection
Insurance
Indemnification
Termination
Notice
Force Majeure
Assignment
Warranties
Representation
Dispute Resolution
Governing Law
Entire Agreement
Severability
Amendment
Waiver
Relationship of Parties
Expenses
Record Keeping
Marketing
Property Listings
Client Relations
Professional Development
Equipment and Resources
Trust Account
Anti-Money Laundering
Liability
Survival
Real Estate
Property Management
Property Development
Commercial Property
Residential Property
Real Estate Investment
Property Services
Real Estate Consulting
Legal
Human Resources
Operations
Compliance
Real Estate Sales
Property Management
Administrative
Finance
Risk Management
Real Estate Agent
Property Practitioner
Real Estate Broker
Estate Agent
Property Consultant
Real Estate Sales Associate
Property Sales Agent
Real Estate Agency Owner
Real Estate Agency Director
Compliance Officer
Legal Counsel
Human Resources Manager
Operations Manager
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