Estate Agent Contract Template for United Arab Emirates

This Estate Agent Contract is a comprehensive legal agreement governed by UAE federal laws and emirate-specific regulations, particularly aligned with RERA requirements in Dubai. The document establishes the professional relationship between a real estate broker/agency and their client, outlining services, commission structures, and obligations in accordance with UAE real estate regulations. It includes specific provisions for property marketing, transaction handling, and compliance with local real estate laws, while incorporating necessary safeguards for both parties in line with UAE civil and commercial codes.

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What is a Estate Agent Contract?

The Estate Agent Contract is a fundamental document used in the UAE real estate market to formalize the relationship between real estate brokers and their clients. This contract is essential for property transactions in the UAE and must comply with federal laws such as UAE Federal Law No. 39 of 2006, as well as specific emirate-level regulations like Dubai Law No. 85 of 2006 and RERA requirements. The document is typically used when engaging a real estate agent or brokerage firm for property sales, purchases, or rentals, and includes crucial details about commission structures, service scope, obligations, and compliance requirements. It provides legal protection for all parties involved while ensuring adherence to local real estate practices and regulatory frameworks.

What sections should be included in a Estate Agent Contract?

1. Parties: Identification of the Estate Agent/Brokerage Firm and the Client (property owner/buyer/tenant), including full legal names, licenses, and contact details

2. Background: Context of the agreement, including the client's intention to sell/rent/buy property and appointment of the estate agent

3. Definitions: Key terms used throughout the agreement including Property, Services, Commission, Marketing Materials, etc.

4. Appointment and Scope of Services: Formal appointment of the agent and detailed description of services to be provided

5. Agent's Obligations: Specific duties and responsibilities of the estate agent, including marketing, viewings, negotiations, and compliance with UAE real estate regulations

6. Client's Obligations: Client's responsibilities including providing accurate information, access to property, and cooperation with the agent

7. Commission Structure: Details of the agent's fees, payment terms, and conditions for commission eligibility as per UAE regulations

8. Term and Termination: Duration of the agreement and circumstances under which either party may terminate

9. Confidentiality: Obligations regarding confidential information and client data protection

10. Compliance with Laws: Commitment to comply with UAE real estate laws and RERA regulations

11. Liability and Indemnification: Extent of agent's liability and mutual indemnification provisions

12. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction for disputes

What sections are optional to include in a Estate Agent Contract?

1. Exclusive Agency Rights: Used when the agent is granted exclusive rights to market and sell the property

2. International Property Services: Include when dealing with international property transactions

3. Marketing Budget and Expenses: Detailed when specific marketing expenses are to be shared or reimbursed by the client

4. Sub-Agents and Referrals: Include when the agent may need to work with other agents or refer clients

5. Virtual Services: Add when providing virtual viewings or digital services

6. Force Majeure: Include specific provisions for unforeseen circumstances affecting the contract

7. Anti-Money Laundering Compliance: Additional provisions for high-value transactions or international clients

What schedules should be included in a Estate Agent Contract?

1. Schedule 1 - Property Details: Detailed description of the property(ies) including location, specifications, and current status

2. Schedule 2 - Commission Rates: Detailed breakdown of commission rates for different transaction types and values

3. Schedule 3 - Marketing Plan: Specific marketing activities and timeline proposed for the property

4. Schedule 4 - Required Documentation: List of documents required from the client and those to be prepared by the agent

5. Appendix A - Agent's License and Credentials: Copies of the agent's RERA license and other relevant certifications

6. Appendix B - Service Level Agreement: Detailed performance metrics and service standards

7. Appendix C - Marketing Materials Template: Templates and guidelines for property marketing materials

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

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What is a Estate Agent Contract?

What sections should be included in a Estate Agent Contract?

What sections are optional to include in a Estate Agent Contract?

What schedules should be included in a Estate Agent Contract?

Authors

Alex Denne

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