The Exclusive Tenant Brokerage Agreement is a critical document in Singapore's real estate market that formalizes the professional relationship between property agents and clients seeking to lease property. This agreement grants the agent exclusive rights to represent the client in their property search, ensuring dedicated service and preventing multiple agent engagement. The document, regulated by Singapore's Estate Agents Act and CEA guidelines, typically includes detailed service scope, commission structures, duration of exclusivity, and mutual obligations. It's particularly useful when clients require comprehensive property search services and want to avoid potential conflicts or duplicate efforts from multiple agents.
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Key Requirements PROMPT example:
Exclusive Tenant Brokerage Agreement
"I need an Exclusive Tenant Brokerage Agreement for a Singapore-based tech company looking to lease office space in the Central Business District, with a 6-month exclusivity period starting March 2025 and specific requirements for Grade A office buildings between 10,000-15,000 square feet."
1. Parties: Identification of the property agent/agency and the client
2. Background: Context of the agreement and brief description of services sought
3. Definitions: Key terms used throughout the agreement including statutory references and industry-specific terminology
4. Appointment and Scope of Services: Details of exclusive appointment and specific services to be provided by the agent
5. Duration of Agreement: Term of exclusivity and any renewal provisions
6. Agent's Obligations: Detailed responsibilities and duties of the agent including compliance with CEA guidelines
7. Client's Obligations: Responsibilities and commitments of the client including information provision and cooperation
8. Commission Structure: Fee arrangements and payment terms in accordance with CEA guidelines
9. Termination: Conditions and process for ending the agreement, including notice periods
1. Marketing Plan: Detailed strategy for property search, used when client requires specific search parameters
2. Performance Metrics: Specific targets or KPIs for the agent, including reporting requirements
3. International Property Provisions: Additional terms for international property search and compliance with foreign regulations
4. Data Protection Clause: Specific provisions regarding handling of personal data under PDPA
1. Schedule 1: Fee Schedule: Detailed breakdown of all fees and commission structures
2. Schedule 2: Property Requirements: Detailed specifications of desired property including location, size, budget and other requirements
3. Appendix A: CEA Prescribed Forms: Standard forms required by Council for Estate Agencies including customer's particulars form
4. Appendix B: Agent's License and Credentials: Copies of relevant certifications and licenses from CEA
Authors
Relevant legal definitions
Agreement
Agent
Agency
Brokerage Services
Client
Commission
Confidential Information
Effective Date
Exclusive Period
Lease
Landlord
Permitted Purpose
Property
Property Requirements
Rental Amount
Security Deposit
Services
Target Property
Term
Territory
Transaction
Working Day
CEA
Estate Agency Work
Exclusive Rights
Force Majeure Event
Good Faith Deposit
Letter of Intent
Tenancy Agreement
Viewing Schedule
Agent
Agency
Brokerage Services
Client
Commission
Confidential Information
Effective Date
Exclusive Period
Lease
Landlord
Permitted Purpose
Property
Property Requirements
Rental Amount
Security Deposit
Services
Target Property
Term
Territory
Transaction
Working Day
CEA
Estate Agency Work
Exclusive Rights
Force Majeure Event
Good Faith Deposit
Letter of Intent
Tenancy Agreement
Viewing Schedule
Clauses
Appointment and Authority
Scope of Services
Exclusivity
Duration and Term
Commission
Payment Terms
Agent's Obligations
Client's Obligations
Confidentiality
Data Protection
Representations and Warranties
Liability and Indemnification
Termination
Force Majeure
Assignment
Notices
Governing Law
Dispute Resolution
Entire Agreement
Severability
Amendments
Professional Standards
Conflict of Interest
Marketing and Promotion
Property Viewings
Documentation
Regulatory Compliance
Anti-Money Laundering
Third Party Rights
Waiver
Scope of Services
Exclusivity
Duration and Term
Commission
Payment Terms
Agent's Obligations
Client's Obligations
Confidentiality
Data Protection
Representations and Warranties
Liability and Indemnification
Termination
Force Majeure
Assignment
Notices
Governing Law
Dispute Resolution
Entire Agreement
Severability
Amendments
Professional Standards
Conflict of Interest
Marketing and Promotion
Property Viewings
Documentation
Regulatory Compliance
Anti-Money Laundering
Third Party Rights
Waiver
Relevant Industries
Relevant Teams
Relevant Roles
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