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Leasing Agency Agreement Template for Singapore

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Key Requirements PROMPT example:

Leasing Agency Agreement

"I need a Leasing Agency Agreement for my portfolio of five commercial properties in Singapore's CBD area, with an exclusive arrangement and enhanced marketing services clause, starting from March 2025."

Document background
The Leasing Agency Agreement is essential for property owners seeking professional representation in Singapore's real estate market. This document, regulated under Singapore law, establishes the formal relationship between property owners and licensed real estate agencies. It specifies the scope of services, commission structures, and compliance requirements in accordance with the Estate Agents Act 2010 and CEA guidelines. The agreement is particularly important in Singapore's highly regulated real estate market, where specific legal requirements must be met for property leasing transactions.
Suggested Sections

1. Parties: Identification of the Agency and Principal, including registration numbers and addresses

2. Background: Context of the agreement and relationship between parties

3. Definitions: Key terms used throughout the agreement

4. Appointment and Scope: Terms of agency appointment and scope of services

5. Duration: Term of the agreement including commencement date

6. Agency Obligations: Duties and responsibilities of the leasing agency

7. Principal's Obligations: Duties and responsibilities of the principal

8. Commission Structure: Fee arrangements and payment terms

9. Compliance: Regulatory compliance requirements and professional standards

10. Termination: Conditions for ending the agreement

Optional Sections

1. Exclusivity: Terms of exclusive agency rights when principal agrees to work exclusively with the agency

2. Marketing Services: Specific marketing and promotion obligations when marketing services are included in the scope

3. International Services: Cross-border leasing services provisions for dealing with international clients or properties

4. Sub-Agents: Terms for appointing sub-agents when they may be involved in the agreement

Suggested Schedules

1. Schedule 1 - Property Details: List and details of properties covered by the agreement

2. Schedule 2 - Commission Structure: Detailed breakdown of commission rates and calculations

3. Schedule 3 - Service Level Agreement: Specific performance metrics and service standards

4. Appendix A - Required Documents: List of documents required for leasing transactions

5. Appendix B - Marketing Plan: Detailed marketing strategy and activities

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 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: Primary legislation governing real estate agencies and agents in Singapore, including licensing requirements and professional obligations. Chapter 95A of Singapore's laws.

Estate Agents (Estate Agency Work) Regulations 2010: Subsidiary legislation providing detailed rules for estate agency work, including prescribed forms and procedures for real estate transactions.

CEA Guidelines: Council for Estate Agencies guidelines outlining professional service standards, ethics requirements, and fee guidelines for property agents.

Singapore Contract Law: Common law principles governing contract formation, terms and conditions, and rights and obligations between parties.

Personal Data Protection Act 2012: Legislation governing the collection, use, and disclosure of personal data, including consent requirements and data protection obligations.

Residential Property Act: Law regulating residential property ownership in Singapore, including restrictions on foreign ownership and property dealings.

Competition Act: Legislation ensuring fair competition practices and preventing anti-competitive arrangements in the real estate market.

Consumer Protection (Fair Trading) Act: Law protecting consumer rights and ensuring fair trading practices in real estate transactions.

CEA Practice Guidelines and Circulars: Detailed operational guidelines and updates issued by the Council for Estate Agencies for real estate practitioners.

Professional Service Agreement Requirements: Specific requirements for service agreements between estate agents and their clients as mandated by regulatory authorities.

Commission Rules: Regulations and guidelines governing commission structures and payment terms in real estate agency agreements.

Dispute Resolution Framework: Legal framework and procedures for resolving disputes between parties in real estate agency agreements.

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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