The Independent Contractor Agreement Real Estate Salesperson is essential for establishing professional relationships in Singapore's real estate industry. It's used when a licensed real estate agency engages a salesperson as an independent contractor rather than an employee. The document addresses key aspects including commission structures, regulatory compliance, professional standards, and data protection requirements under Singapore law. It ensures alignment with CEA guidelines while protecting both parties' interests in the engagement.
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1. Parties: Identification of contracting parties (agency and independent contractor)
2. Background: Context of the agreement and relationship between parties
3. Definitions: Key terms used throughout the agreement including relevant regulatory references
4. Appointment and Scope: Terms of engagement and scope of services as a real estate salesperson
5. Independent Contractor Status: Clear statement of relationship and distinction from employment status
6. Compensation: Commission structure, payment terms, and tax considerations
7. Compliance Obligations: Regulatory compliance requirements under Estate Agents Act and CEA guidelines
8. Professional Standards: Required professional conduct and adherence to industry standards
9. Data Protection: Obligations under PDPA and handling of client information
10. Term and Termination: Duration of agreement and termination provisions
11. Governing Law: Application of Singapore law and jurisdiction
1. Non-Compete: Restrictions on competitive activities during and after the agreement term
2. Training Requirements: Mandatory training programs and professional development obligations
3. Marketing Support: Agency's marketing support provisions and resource allocation
4. Technology Usage: Terms for using agency's technology platforms and systems
5. Insurance: Professional indemnity insurance requirements and coverage
1. Commission Structure Schedule: Detailed breakdown of commission calculations and payment terms
2. Professional Standards Schedule: Detailed conduct requirements and professional standards
3. Required Documentation Schedule: List of required licenses, certifications, and documentation
4. Agency Policies Schedule: Relevant agency policies and procedures
5. Compliance Checklist: Checklist of regulatory requirements and obligations
Relevant legal definitions
Clauses
Relevant Industries
Relevant Teams
Relevant Roles
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