Buyer Tenant Agency Contract for Singapore

Buyer Tenant Agency Contract Template for Singapore

A legally binding agreement regulated under Singapore law that establishes a professional relationship between a licensed real estate agent and a client seeking to purchase or lease property. The contract defines the scope of services, obligations of both parties, commission structure, and terms of engagement in accordance with the Estate Agents Act 2010 and CEA guidelines. It includes specific provisions for property search, viewing arrangements, and transaction support services while ensuring compliance with Singapore's property regulations.

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What is a Buyer Tenant Agency Contract?

The Buyer Tenant Agency Contract is a fundamental document in Singapore's real estate industry, essential for establishing a formal agency relationship between property agents and their clients. It is required under the Estate Agents Act 2010 and CEA regulations when representing buyers or tenants in property transactions. The contract outlines the agent's duties in property search, negotiation, and transaction support, while protecting both parties' interests through clear terms and conditions. It includes crucial elements such as commission structures, service scope, and compliance with Singapore's property regulations, including specific provisions for HDB properties where applicable.

What sections should be included in a Buyer Tenant Agency Contract?

1. Parties: Identification of the agent and the buyer/tenant client

2. Background: Context of the agency appointment and property search requirements

3. Definitions: Key terms used throughout the agreement

4. Appointment and Scope of Services: Details of agent's appointment and services to be provided

5. Agent's Obligations: Duties and responsibilities of the agent

6. Client's Obligations: Duties and responsibilities of the buyer/tenant

7. Commission Structure: Details of fees, commission rates, and payment terms

8. Term and Termination: Duration of agreement and termination provisions

9. Confidentiality: Protection of confidential information

What sections are optional to include in a Buyer Tenant Agency Contract?

1. Dual Agency Provisions: Required when agent may represent both parties in the transaction

2. Foreign Buyer Provisions: Additional requirements and provisions specific to foreign buyers/tenants

3. HDB-Specific Clauses: Special provisions and requirements when dealing with HDB properties

What schedules should be included in a Buyer Tenant Agency Contract?

1. Schedule of Services: Detailed list of services to be provided by the agent

2. Commission Schedule: Detailed breakdown of commission structure and calculations

3. Property Requirements: Client's specific requirements for the property search

4. CEA Prescribed Forms: Mandatory forms required by the Council for Estate Agencies

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

Singapore

Publisher

Genie AI

Document Type

Agency Agreement

Cost

Free to use
Industries

Estate Agents Act 2010 (EAA): Primary legislation governing real estate agency practice in Singapore that defines duties and responsibilities of property agents and sets requirements for licensing and registration

Estate Agents (Estate Agency Work) Regulations 2010: Detailed regulations on conduct of estate agency work and prescribes mandatory forms and procedures for real estate transactions

Council for Estate Agencies (CEA) Guidelines: Comprehensive guidelines including professional service manual, practice guidelines, and code of ethics and professional client care for real estate agents

Residential Property Act: Legislation governing restrictions on foreign ownership and requirements for residential property transactions in Singapore

Housing and Development Board (HDB) Rules: Specific regulations governing HDB flat transactions, including Ethnic Integration Policy and Singapore Permanent Resident quotas

Personal Data Protection Act 2012 (PDPA): Legislation governing the handling of client's personal information and data protection obligations in Singapore

Consumer Protection (Fair Trading) Act: Law ensuring fair trading practices and consumer rights protection in real estate transactions

Contract Law (Common Law): Legal framework governing contract formation, terms and conditions, and rights and obligations of parties in Singapore's common law system

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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