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1. Parties: Identification of the property owner/seller and the licensed real estate broker, including their full legal names, license numbers, and contact details
2. Background: Context of the agreement, including brief description of the property and the owner's intention to sell/lease
3. Definitions: Key terms used in the agreement including 'Property', 'Commission', 'Successful Transaction', 'Asking Price', etc.
4. Appointment and Scope: Formal appointment of the broker and detailed scope of services to be provided
5. Broker's Obligations: Detailed listing of broker's duties, responsibilities, and professional conduct requirements
6. Commission Structure: Clear definition of commission rates, calculation method, and payment terms
7. Payment Terms: Specific conditions for when commission becomes due and payment procedures
8. Term and Termination: Duration of the agreement and circumstances under which it can be terminated
9. Representations and Warranties: Statements of fact and promises made by both parties
10. Governing Law and Jurisdiction: Specification of UAE law application and jurisdiction for disputes
1. Exclusivity: Terms of exclusive agency rights if applicable - used when broker has exclusive rights to market the property
2. International Marketing: Additional terms for international property marketing - included when targeting foreign investors
3. Sub-Agents: Terms governing the appointment and management of sub-agents - used when broker may need to engage other agents
4. Virtual Tours and Digital Marketing: Specific terms for digital marketing services - included when advanced marketing services are offered
5. Force Majeure: Provisions for unforeseen circumstances - particularly relevant post-COVID
6. Anti-Money Laundering Compliance: Specific AML obligations and procedures - included for high-value transactions
7. Multiple Property Provisions: Additional terms for marketing multiple properties - used when agreement covers multiple properties
1. Schedule 1 - Property Details: Detailed description of the property including location, size, title deed number, and other relevant details
2. Schedule 2 - Commission Rates: Detailed breakdown of commission rates for different transaction types or value ranges
3. Schedule 3 - Marketing Plan: Detailed marketing strategy and activities to be undertaken by the broker
4. Schedule 4 - Broker's License and Credentials: Copies of broker's license, RERA registration, and other relevant certifications
5. Appendix A - Property Documentation: List of property documents provided by the owner
6. Appendix B - Marketing Materials: Templates or samples of marketing materials to be used
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