The Real Estate Independent Contractor Agreement is essential for real estate agencies operating in England and Wales who engage self-employed agents. This document establishes clear boundaries between employment and independent contractor status, protecting both parties while ensuring compliance with UK property laws and regulations. It covers crucial aspects such as commission structures, service scope, compliance requirements, and professional obligations. The agreement is particularly important in the context of modern real estate practices where agencies increasingly rely on flexible contractor relationships while maintaining professional standards and regulatory compliance.
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1. Parties: Identification and details of the contracting parties
2. Background: Context and purpose of the agreement
3. Definitions: Key terms used throughout the agreement
4. Scope of Services: Detailed description of services to be provided by contractor
5. Independent Contractor Status: Clear statement of independent contractor relationship and its implications
6. Compensation and Payment Terms: Commission structure, payment schedule, and expenses
7. Term and Termination: Duration of agreement and termination provisions
8. Compliance Obligations: Regulatory and legal compliance requirements including money laundering and data protection
9. Confidentiality: Obligations regarding confidential information and client data
10. Professional Standards: Requirements for maintaining professional standards and qualifications
1. Non-Compete Clause: Restrictions on competitive activities within specified geographic areas and time periods
2. Training Requirements: Specific training or certification requirements for the contractor
3. Marketing Support: Terms regarding marketing assistance, materials, and brand usage
4. Insurance Requirements: Specific insurance coverage requirements beyond standard provisions
5. Equipment and Resources: Provisions regarding use of company resources and equipment
1. Schedule 1 - Commission Structure: Detailed breakdown of commission structures and calculations
2. Schedule 2 - Territory Definition: Geographic area where contractor is authorized to operate
3. Schedule 3 - Required Documentation: List of required licenses, certifications, and compliance documents
4. Schedule 4 - Property Types: Categories of properties contractor is authorized to handle
5. Schedule 5 - Standard Operating Procedures: Detailed procedures for handling property transactions and client interactions
Relevant legal definitions
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