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1. Parties: Identification and details of the Property Owner and the Agent, including registration numbers for agencies and ID numbers for individuals
2. Background: Context of the agreement, including brief description of the property and the owner's intention to appoint the agent
3. Definitions: Definitions of key terms used throughout the agreement, including 'Property', 'Services', 'Commission', and other relevant terms
4. Appointment and Duration: Terms of the agent's appointment, including whether exclusive or non-exclusive, and the duration of the agreement
5. Agent's Services and Obligations: Detailed description of services to be provided by the agent, including marketing, tenant screening, property management duties
6. Owner's Obligations: The property owner's responsibilities, including providing necessary information, maintaining the property, and cooperating with the agent
7. Commission and Fees: Detailed structure of commission and fees, including payment terms and conditions
8. Property Management: Specific terms regarding day-to-day management of the property, maintenance, and handling of expenses
9. Compliance and Legal Requirements: Obligations regarding legal compliance, including FICA requirements, POPIA compliance, and relevant property laws
10. Termination: Conditions and procedures for termination of the agreement by either party
11. General Provisions: Standard legal clauses including notices, entire agreement, variation, governing law, and jurisdiction
1. Rental Management: Additional terms specific to rental property management, used when the agent will be managing tenants and rent collection
2. Sales Authority: Terms specific to property sales authority, used when the agent may also be authorized to sell the property
3. Multiple Properties: Additional terms for managing multiple properties, used when the owner has more than one property under management
4. Foreign Owner Provisions: Special provisions for foreign property owners, including tax requirements and foreign exchange considerations
5. Body Corporate Interface: Terms relating to dealing with body corporate for sectional title properties
6. Special Powers of Attorney: Specific powers granted to the agent for certain transactions, used when owner requires agent to have additional authority
1. Schedule A - Property Details: Detailed description of the property/properties, including physical address, registration details, and specific features
2. Schedule B - Fee Structure: Detailed breakdown of all fees, commissions, and charges applicable to the agreement
3. Schedule C - Maintenance Threshold: Specified limits for maintenance expenditure requiring owner approval
4. Schedule D - Marketing Plan: Detailed marketing strategy and budget for the property
5. Schedule E - Reporting Templates: Standard templates for regular property management reports
6. Appendix 1 - Required Documentation: List of required documents including FICA requirements, tax clearance, and property registration documents
7. Appendix 2 - Service Level Agreement: Detailed service levels and performance metrics for the agent
8. Appendix 3 - Key Contact Information: Contact details for all relevant parties, including emergency contacts and preferred contractors
Agent
Owner
Property
Services
Commission
Management Fee
Effective Date
Term
Property Practitioners Act
FICA
POPIA
Lease Agreement
Tenant
Rental Income
Operating Expenses
Maintenance
Emergency Repairs
Property Portfolio
Marketing Services
Body Corporate
Common Property
Sectional Title
Property Practitioners Fidelity Fund Certificate
Business Day
Financial Year
Management Period
Operating Account
Trust Account
Rental Pool
Service Level Agreement
Mandate
Force Majeure
Material Breach
Confidential Information
Personal Information
Property Practitioner
Applicable Laws
Improvements
Management Report
Property Schedule
Duration
Agency Authority
Scope of Services
Property Management
Commission
Financial Management
Maintenance and Repairs
Marketing
Reporting
Compliance
Confidentiality
Data Protection
Liability and Indemnity
Insurance
Powers of Attorney
Warranties and Representations
Termination
Force Majeure
Dispute Resolution
Notices
Assignment
Variation
Severability
Entire Agreement
Governing Law
Anti-corruption
Non-solicitation
Performance Standards
Health and Safety
Emergency Procedures
Record Keeping
Audit Rights
Intellectual Property
Sub-contracting
Real Estate
Property Management
Property Development
Residential Property
Commercial Property
Industrial Property
Retail Property
Agricultural Property
Property Investment
Facilities Management
Legal
Property Management
Real Estate
Compliance
Operations
Asset Management
Facilities Management
Administration
Finance
Risk Management
Property Manager
Real Estate Agent
Property Practitioner
Portfolio Manager
Facilities Manager
Legal Counsel
Compliance Officer
Real Estate Director
Property Owner
Asset Manager
Operations Manager
Property Administrator
Leasing Manager
Estate Agent
Property Consultant
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