Real Estate Agent Termination Letter for Hong Kong

Real Estate Agent Termination Letter Template for Hong Kong

A formal document used in Hong Kong to officially terminate a real estate agency agreement between a property owner/landlord and a licensed real estate agent or agency. This document complies with Hong Kong's Estate Agents Ordinance (Cap. 511) and related regulations, providing a clear record of the termination of services, addressing any outstanding matters, and ensuring proper closure of the professional relationship. It includes essential details such as property information, agreement references, effective termination date, and provisions for the return of any property-related materials or documentation.

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What is a Real Estate Agent Termination Letter?

The Real Estate Agent Termination Letter is a crucial document used in Hong Kong's property market to formally end a professional relationship between property owners/landlords and their appointed real estate agents or agencies. This document is essential when either party wishes to discontinue the agency relationship before its natural conclusion or at the end of the agreed term. It must comply with the Estate Agents Ordinance (Cap. 511) and related regulations enforced by the Estate Agents Authority of Hong Kong. The letter typically includes specific details about the property, reference to the original agency agreement, effective termination date, provisions for handling any outstanding matters (such as commissions or ongoing viewings), and requirements for returning property-related materials. It serves as official documentation of the termination and helps prevent future disputes by clearly outlining the conclusion of the agency relationship.

What sections should be included in a Real Estate Agent Termination Letter?

1. Sender's Details: Full name, address, and contact information of the party terminating the agreement

2. Date: Current date of the letter

3. Recipient's Details: Real estate agency's name, license number, address, and relevant contact person

4. Subject Line: Clear indication that this is a termination notice for real estate agency services

5. Property Reference: Details of the property involved in the agency agreement being terminated

6. Agreement Reference: Reference to the original agency agreement including its date and any reference numbers

7. Termination Statement: Clear statement of intent to terminate the agency agreement and the effective date

8. Return of Materials: Request for return of any property keys, documents, or marketing materials

9. Closing: Professional closing, signature block, and contact information for future correspondence

What sections are optional to include in a Real Estate Agent Termination Letter?

1. Outstanding Commissions: Include when there are pending commissions or fee discussions that need to be addressed

2. Ongoing Viewings: Include when there are scheduled property viewings or ongoing negotiations that need to be addressed

3. Reason for Termination: Include when it's necessary or beneficial to explain the reasons for termination

4. Transition Period: Include when a transition period is needed for handover of responsibilities

5. Mutual Release: Include when both parties agree to release each other from future claims or obligations

What schedules should be included in a Real Estate Agent Termination Letter?

1. Copy of Original Agency Agreement: Attach the original agreement being terminated for reference

2. Property Listing Details: Summary of current property listing details and marketing materials to be withdrawn

3. Inventory of Materials: List of all items (keys, documents, etc.) to be returned to the property owner

4. Statement of Account: If applicable, detailed statement of any outstanding fees or commissions

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 | Serial Founder & Legal AI Author

Jurisdiction

Hong Kong

Publisher

Genie AI

Cost

Free to use
Relevant Industries

Real Estate

Property Development

Property Management

Residential Property

Commercial Property

Retail Property

Industrial Property

Luxury Real Estate

Property Investment

Property Services

Relevant Teams

Legal

Real Estate

Property Management

Compliance

Operations

Administrative

Contract Management

Asset Management

Property Services

Customer Relations

Relevant Roles

Property Owner

Real Estate Agent

Property Manager

Estate Agency Director

Compliance Officer

Legal Counsel

Property Services Manager

Real Estate Broker

Leasing Manager

Asset Manager

Property Portfolio Manager

Real Estate Operations Manager

Contract Administrator

Property Administrator

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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