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Estate Agent Contract
"I need a Hong Kong Estate Agent Contract for an exclusive 6-month agreement starting March 1, 2025, for the sale of a luxury residential property in The Peak, with specific provisions for international marketing and mainland Chinese buyers."
1. Parties: Identification of the Estate Agent and the Client (vendor/landlord or purchaser/tenant)
2. Background: Context of the appointment and brief description of the property services required
3. Definitions: Key terms used throughout the agreement including 'Property', 'Services', 'Commission', 'Exclusive Period' if applicable
4. Appointment and Scope of Services: Formal appointment of the estate agent and detailed description of services to be provided
5. Duration of Agreement: Term of the agency agreement including start date and termination provisions
6. Commission Structure: Detailed commission rates, payment terms, and conditions for commission becoming payable
7. Agent's Obligations: Specific duties and responsibilities of the estate agent as required by Hong Kong law
8. Client's Obligations: Client's responsibilities including providing accurate information and necessary documentation
9. Compliance with Regulations: Commitment to comply with Estate Agents Ordinance and other relevant regulations
10. Personal Data Handling: Provisions for handling personal data in compliance with the Personal Data (Privacy) Ordinance
11. Termination: Circumstances and procedures for terminating the agreement
12. Governing Law and Jurisdiction: Specification of Hong Kong law as governing law and jurisdiction
1. Exclusive Agency Rights: Used when the agent is appointed as the exclusive agent, including specific terms and duration of exclusivity
2. Multiple Property Listings: Include when the agreement covers multiple properties
3. Marketing Services: Detailed marketing plan and advertising commitments when specific marketing services are included
4. Property Management Services: Include when the agent will provide additional property management services
5. Cross-Border Services: Include for transactions involving properties or clients from mainland China or other jurisdictions
6. Commission Sharing: Include when there are arrangements for sharing commission with other agents
7. Success Bonus: Optional provisions for additional compensation upon achieving specific targets
1. Schedule 1 - Property Details: Detailed description of the property including address, specifications, and title details
2. Schedule 2 - Commission Rate Structure: Detailed breakdown of commission rates and calculation methods
3. Schedule 3 - Service Scope Details: Comprehensive list of services to be provided by the agent
4. Appendix A - Required Documents: List of documents required from the client
5. Appendix B - Marketing Plan: Detailed marketing strategy and advertising plan if applicable
6. Appendix C - Personal Information Collection Statement: Detailed statement regarding collection and use of personal data
7. Appendix D - Estate Agents Authority Prescribed Forms: Relevant prescribed forms as required by the Estate Agents Authority
Authors
Residential Real Estate
Commercial Real Estate
Industrial Real Estate
Retail Real Estate
Luxury Property
Property Development
Real Estate Investment
Property Management
Legal
Compliance
Real Estate
Sales
Operations
Risk Management
Property Management
Business Development
Contracts Administration
Document Control
Estate Agent
Property Agent
Real Estate Broker
Branch Manager
Compliance Officer
Legal Counsel
Property Manager
Sales Director
Leasing Manager
Real Estate Contract Administrator
Property Consultant
Business Development Manager
Risk Management Officer
Operations Manager
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