Agreement Between Landlord And Letting Agent

Agreement Between Landlord And Letting Agent Template for Ireland

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Key Requirements PROMPT example:

"I need an Agreement Between Landlord And Letting Agent for my residential property in Dublin, with basic letting services including tenant screening and rent collection, starting from January 2025."

Document background

The Agreement Between Landlord And Letting Agent is essential for property owners seeking professional management of their rental properties in Ireland. This document is typically used when a property owner wishes to delegate the management of their rental property to a professional letting agent or property management company. It encompasses crucial elements such as service scope, fee structures, authority levels, and compliance requirements with Irish property laws, including the Property Services (Regulation) Act 2011 and Residential Tenancies Acts. The agreement is particularly important as it provides legal protection for both parties and ensures clarity in their professional relationship, while maintaining compliance with the Property Services Regulatory Authority (PSRA) requirements and other relevant Irish legislation.

Suggested Sections

1. Parties: Identification of the landlord and the letting agent, including full legal names, addresses, and company registration details where applicable

2. Background: Brief context explaining the purpose of the agreement and the intention to appoint the letting agent

3. Definitions: Definitions of key terms used throughout the agreement

4. Appointment and Term: Formal appointment of the agent, duration of the agreement, and renewal terms

5. Agent's Services: Detailed description of core services to be provided by the letting agent

6. Agent's Authority: Scope of agent's authority to act on behalf of the landlord

7. Fees and Commission: Structure and timing of all fees, commission rates, and payment terms

8. Landlord's Obligations: Key responsibilities and obligations of the landlord

9. Regulatory Compliance: Compliance with PSRA regulations and other relevant legislation

10. Insurance and Liability: Insurance requirements and limitation of liability provisions

11. Termination: Conditions and process for terminating the agreement

12. Data Protection: Handling of personal data in compliance with GDPR and Data Protection Act

13. Notices: How formal notices should be given between parties

14. Governing Law: Confirmation that the agreement is governed by Irish law

Optional Sections

1. Multiple Properties: Additional terms for managing multiple properties - include when landlord has more than one property

2. Maintenance Services: Detailed terms for additional maintenance services - include when agent offers full property maintenance

3. Guaranteed Rent Scheme: Terms for rent guarantee services - include when agent offers rent guarantee

4. Property Management: Detailed property management terms - include for full management service

5. Marketing Services: Specific marketing and advertising terms - include for premium marketing packages

6. Legal Proceedings: Authority to handle legal matters - include when agent will manage legal proceedings

7. Foreign Landlord Provisions: Special provisions for non-resident landlords - include for overseas landlords

Suggested Schedules

1. Schedule 1: Property Details: Details of the property/properties covered by the agreement

2. Schedule 2: Fee Structure: Detailed breakdown of all fees, charges, and commission structures

3. Schedule 3: Services Schedule: Comprehensive list of services included in the agreement

4. Schedule 4: Maintenance Contractors: List of approved contractors and maintenance procedures

5. Appendix A: Property Inventory: Standard inventory form for recording property condition

6. Appendix B: Required Documentation: Checklist of required certificates and documentation

7. Appendix C: Emergency Procedures: Procedures for handling emergency situations

Authors

Alex Denne

Head of Growth (Open Source Law) @ ��Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Real Estate

Property Management

Residential Property

Commercial Property

Property Services

Professional Services

Property Investment

Relevant Teams

Legal

Property Management

Operations

Client Relations

Compliance

Business Development

Administration

Contracts

Real Estate

Landlord Services

Relevant Roles

Property Manager

Letting Agent

Estate Agent

Property Services Manager

Real Estate Manager

Property Portfolio Manager

Landlord Services Coordinator

Compliance Officer

Legal Counsel

Property Management Director

Operations Manager

Business Development Manager

Client Relations Manager

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