Commission Agreement (Real Estate) for Malta
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Commission Agreement (Real Estate)
"I need a Real Estate Commission Agreement for my Malta-based agency to work with luxury property developers, including exclusive rights to market their properties internationally and a tiered commission structure based on property value ranges."
Your data doesn't train Genie's AI
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1. Parties: Identification of the Property Owner/Seller and the Real Estate Agent/Agency, including license numbers and full 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 throughout the agreement including 'Property', 'Commission', 'Effective Date', 'Asking Price', etc.
4. Appointment and Scope of Services: Formal appointment of the agent and detailed description of services to be provided
5. Duration of Agreement: Term of the agreement, including start date and end date or renewal provisions
6. Commission Structure: Detailed breakdown of commission rates, calculation method, and payment terms
7. Agent's Obligations: Specific duties and responsibilities of the agent including marketing efforts, showing property, etc.
8. Property Owner's Obligations: Owner's responsibilities including providing accurate information, access to property, etc.
9. Payment Terms: When and how commission payments will be made, including conditions for commission becoming due
10. Termination: Conditions and process for terminating the agreement by either party
11. Governing Law and Jurisdiction: Specification of Maltese law as governing law and jurisdiction for disputes
1. Exclusivity Clause: Used when the agent is granted exclusive rights to sell the property
2. International Sales Provisions: Include when targeting international buyers, covering additional requirements and considerations
3. Multiple Property Provisions: When the agreement covers multiple properties
4. Sub-Agents Authorization: Terms for allowing the primary agent to work with sub-agents
5. Marketing Budget and Cost Sharing: When specific marketing costs are to be shared between parties
6. Post-Termination Obligations: Protection of agent's rights for deals initiated during the agreement period
7. Force Majeure: Provisions for unforeseen circumstances affecting performance of the agreement
1. Schedule A - Property Details: Detailed description of the property including address, specifications, and features
2. Schedule B - Commission Rates: Detailed breakdown of commission rates for different transaction values or types
3. Schedule C - Marketing Plan: Specific marketing activities and timeline proposed by the agent
4. Schedule D - Property Documentation: List of required property documents to be provided by the owner
5. Appendix 1 - Agent's License: Copy of agent's valid real estate license and credentials
6. Appendix 2 - Property Photos: Official photographs of the property approved for marketing use
Authors
Agent
Asking Price
Business Day
Commission
Completion
Confidential Information
Effective Date
Exclusive Agency Period
Force Majeure Event
Intellectual Property Rights
Marketing Materials
Marketing Period
Owner
Parties
Property
Property Documents
Purchase Price
Purchaser
Sale
Services
Successful Transaction
Term
Territory
Transaction Documents
VAT
Agency Scope
Exclusivity
Commission
Payment Terms
Agent Obligations
Owner Obligations
Property Marketing
Confidentiality
Data Protection
Intellectual Property
Representations and Warranties
Duration and Termination
Force Majeure
Anti-Money Laundering
Liability and Indemnification
Assignment
Notices
Entire Agreement
Severability
Variation
Waiver
Costs
Third Party Rights
Dispute Resolution
Governing Law and Jurisdiction
Real Estate
Property Development
Construction
Professional Services
Property Management
Commercial Property
Residential Property
Hospitality
Retail
Legal
Real Estate
Sales
Business Development
Compliance
Operations
Property Management
Contract Administration
Commercial
Real Estate Agent
Property Broker
Real Estate Manager
Property Developer
Legal Counsel
Compliance Officer
Business Development Manager
Property Manager
Sales Director
Contract Administrator
Real Estate Partner
Property Consultant
Operations Manager
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