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Real Estate Agent Rental Agreement
"I need a Real Estate Agent Rental Agreement for my portfolio of five luxury residential properties in Vancouver, with specific provisions for international marketing and tenant screening, to be effective from March 1, 2025, with an initial term of 18 months."
1. Parties: Identification of the property owner(s) and the licensed real estate agent/brokerage
2. Background: Context of the agreement, including property details and purpose of engagement
3. Definitions: Key terms used throughout the agreement
4. Appointment and Authority: Formal appointment of the agent and scope of authority granted
5. Property Details: Comprehensive description of the rental property
6. Agent's Services and Responsibilities: Detailed outline of services to be provided by the agent
7. Owner's Obligations: Property owner's responsibilities and commitments
8. Compensation Structure: Commission rates, payment terms, and conditions
9. Term and Termination: Duration of agreement and termination provisions
10. Marketing and Advertising: Agreed approach to property marketing and advertising
11. Showing and Leasing Procedures: Protocols for property showings and lease execution
12. Insurance and Liability: Insurance requirements and liability allocation
13. Confidentiality: Protection of confidential information
14. Dispute Resolution: Process for resolving disagreements
15. Governing Law: Applicable jurisdiction and laws
16. Entire Agreement: Integration clause and amendment procedures
1. Property Management Services: Additional section when agent will provide ongoing property management services
2. Multiple Properties: Section needed when agreement covers multiple rental properties
3. Digital Marketing Services: Detailed digital marketing provisions if specialized online promotion is required
4. Tenant Screening Services: When agent is responsible for comprehensive tenant screening
5. International Marketing: Specific provisions for marketing to international tenants
6. Sub-Agency Provisions: Required when other agents may be involved in rental process
7. Emergency Services Coordination: When agent will handle emergency maintenance coordination
8. Rental Payment Collection: If agent will be responsible for collecting rent payments
1. Schedule A - Property Details: Detailed description of property, including photos and floor plans
2. Schedule B - Commission Structure: Detailed breakdown of commission rates and payment scenarios
3. Schedule C - Marketing Plan: Comprehensive marketing strategy and budget
4. Schedule D - Service Level Agreement: Specific performance metrics and service standards
5. Schedule E - Approved Rental Rates: Agreed minimum and maximum rental rates
6. Appendix 1 - Required Documentation: List of necessary documents for rental transactions
7. Appendix 2 - Agency Disclosure: Mandatory real estate agency relationship disclosures
8. Appendix 3 - Insurance Certificates: Copies of required insurance policies
Authors
Real Estate
Property Management
Residential Leasing
Commercial Leasing
Property Investment
Real Estate Services
Property Development
Real Estate Marketing
Legal
Real Estate Operations
Property Management
Compliance
Marketing
Business Development
Contract Administration
Tenant Relations
Transaction Processing
Real Estate Agent
Property Manager
Leasing Manager
Real Estate Broker
Property Owner
Legal Counsel
Compliance Officer
Real Estate Operations Manager
Rental Property Coordinator
Business Development Manager
Real Estate Marketing Manager
Tenant Relations Manager
Contract Administrator
Real Estate Transaction Coordinator
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