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Addendum To Listing Agreement Template for Singapore

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Key Requirements PROMPT example:

Addendum To Listing Agreement

"I need an Addendum To Listing Agreement to extend the listing period for my Singapore condominium by six months from January 2025, and to increase the commission rate from 2% to 2.5% to reflect current market conditions."

Document background
An Addendum To Listing Agreement is utilized when parties need to modify terms of an existing property listing arrangement in Singapore. This document is essential when circumstances require changes to the original agreement, such as extending the listing period, adjusting commission structures, or updating property details. The addendum must comply with Singapore's Estate Agents Act, CEA guidelines, and relevant property laws. It serves as a formal amendment that maintains the legal integrity of the original agreement while incorporating necessary changes.
Suggested Sections

1. Parties: Identification of the parties to the addendum including the agent and property owner

2. Background: Reference to original listing agreement and reason for addendum

3. Definitions: Key terms used in the addendum

4. Amendments to Original Agreement: Specific changes being made to the original listing agreement

5. Effect on Original Agreement: Statement confirming all other terms remain in force

6. Execution: Signature blocks and execution details

Optional Sections

1. Marketing Modifications: Changes to marketing strategy or permissions - use when modifying marketing approach or permissions

2. Commission Structure Amendments: Changes to commission rates or payment terms - use when modifying financial terms

3. Extended Duration: Changes to the listing period - use when extending or modifying the listing timeline

4. Property Details Update: Changes to property description or features - use when updating property information

Suggested Schedules

1. Updated Property Photos: New or modified property photographs

2. Revised Marketing Materials: Updated marketing collateral or strategy documents

3. Modified Commission Schedule: Updated commission structure details

4. Original Listing Agreement: Copy of the original agreement being modified

Authors

Alex Denne

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

Relevant legal definitions




















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Industries

Estate Agents Act 2010 (Cap. 95A): Primary legislation governing real estate agencies and agents in Singapore, setting requirements for property transactions and regulating professional conduct

Council for Estate Agencies (CEA) Guidelines: Regulatory guidelines covering professional service standards, fee structures, and marketing requirements for real estate transactions

Residential Property Act (Cap. 274): Legislation governing restrictions on foreign ownership and requirements for residential property transactions in Singapore

Housing and Development Board (HDB) Rules: Specific regulations for HDB properties, including resale procedures, requirements, and Ethnic Integration Policy

Singapore Property Law: General property law principles including contract law, property rights, ownership rules, and the Conveyancing and Law of Property Act

Consumer Protection (Fair Trading) Act: Legislation ensuring fair trading practices and protecting consumer rights in property transactions

Personal Data Protection Act 2012: Law governing the handling of personal information and privacy requirements in business transactions

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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