Sole Agency Agreement for Ireland

Sole Agency Agreement Template for Ireland

A comprehensive legal agreement governed by Irish law that establishes an exclusive arrangement between a property services provider and a property owner/vendor. The agreement grants sole rights to the agent to market and sell/lease the property for a specified period, regulated under the Property Services (Regulation) Act 2011 and overseen by the Property Services Regulatory Authority (PSRA). The document outlines commission structures, service scope, marketing commitments, and compliance requirements while incorporating necessary consumer protection and data protection provisions specific to Irish jurisdiction.

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What is a Sole Agency Agreement?

The Sole Agency Agreement is a crucial document in Irish property transactions that establishes an exclusive relationship between a property services provider and a property owner. It is commonly used when property owners want to ensure coordinated marketing efforts and clear lines of responsibility in the sale or lease of their property. The agreement must comply with Irish property services regulations, particularly the Property Services (Regulation) Act 2011 and PSRA requirements. It includes essential elements such as commission structures, service obligations, marketing commitments, and duration of the sole agency period. This document is particularly important in Irish property transactions as it provides clarity on exclusivity terms and helps prevent commission disputes while ensuring regulatory compliance.

What sections should be included in a Sole Agency Agreement?

1. Parties: Identification of the Agent and the Client, including PSRA license details for the Agent

2. Background: Context of the agreement and confirmation of the Agent's authority to provide property services

3. Definitions: Key terms used throughout the agreement, including Property, Services, Commission, and Sole Agency Period

4. Appointment and Scope: Explicit appointment of the agent as sole agent and detailed scope of services

5. Duration: Term of the sole agency agreement, including start and end dates

6. Agent's Obligations: Detailed listing of the agent's duties, responsibilities, and service commitments

7. Client's Obligations: Client's responsibilities, including providing accurate information and access to the property

8. Commission and Fees: Detailed fee structure, payment terms, and circumstances when commission becomes payable

9. Marketing and Advertising: Agreement on marketing strategies, advertising methods, and related costs

10. Termination: Conditions and process for ending the agreement

11. Data Protection: GDPR compliance provisions and data handling procedures

12. General Provisions: Standard contractual provisions including governing law, notices, and entire agreement

What sections are optional to include in a Sole Agency Agreement?

1. Multiple Properties: Additional provisions when the agreement covers multiple properties

2. International Marketing: Specific provisions for marketing the property internationally

3. Professional Indemnity Insurance: Detailed insurance provisions beyond statutory requirements

4. Anti-Money Laundering: Enhanced AML provisions for high-value properties or complex transactions

5. Sub-Agents: Provisions allowing and regulating the appointment of sub-agents

6. Online Portal Access: Terms for access to online property marketing platforms

7. Photography and Virtual Tours: Specific provisions regarding professional photography and virtual tour services

What schedules should be included in a Sole Agency Agreement?

1. Schedule 1 - Property Details: Detailed description of the property and any included contents

2. Schedule 2 - Fee Structure: Detailed breakdown of commission rates, fees, and payment terms

3. Schedule 3 - Marketing Plan: Specific marketing activities and timeline

4. Schedule 4 - Required Documentation: List of documents required from the client

5. Appendix A - PSRA Regulatory Disclosure: Mandatory regulatory disclosures required by the PSRA

6. Appendix B - Data Processing Agreement: Detailed GDPR-compliant data processing terms

7. Appendix C - Client Information Form: Standard form for collecting client information and preferences

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

Ireland

Publisher

Genie AI

Document Type

Agency Agreement

Cost

Free to use
Relevant legal definitions
Relevant Industries

Real Estate

Property Development

Commercial Property

Residential Property

Property Management

Property Investment

Professional Services

Construction

Hospitality

Relevant Teams

Legal

Compliance

Real Estate

Sales

Operations

Business Development

Property Management

Contract Administration

Risk Management

Marketing

Relevant Roles

Estate Agent

Property Manager

Real Estate Director

Legal Counsel

Compliance Officer

Business Development Manager

Sales Director

Property Services Manager

Contract Manager

Real Estate Partner

Property Consultant

Operations Manager

Managing Director

Commercial Property Agent

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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