The Real Estate Agent Termination Letter is a crucial document used when a property owner or seller wishes to end their relationship with their appointed real estate agent in Singapore. This document must align with the Estate Agents Act 2010 and Council for Estate Agencies (CEA) guidelines, ensuring proper documentation of the termination process. It typically includes the reason for termination, notice period, outstanding commission arrangements, and requirements for returning property-related materials. The letter serves as official documentation of the termination and helps prevent future disputes by clearly stating the terms of separation.
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1. Date and Address Block: Formal letter heading with date and recipient details including agency name, address, and agent details
2. Reference Line: Agency agreement reference number and relevant property details
3. Notice of Termination: Clear and unambiguous statement of intent to terminate the agency agreement
4. Effective Date: Specific date when the termination takes effect, considering notice period requirements under Singapore law
5. Reason for Termination: Brief explanation of grounds for termination in accordance with Estate Agents Act requirements
6. Return of Materials: Request for return of property documents, keys, and other relevant materials
7. Signature Block: Space for signatures, names, and dates of all relevant parties
1. Outstanding Commissions: Section addressing any pending commission issues or financial settlements
2. Confidentiality Reminder: Statement reinforcing ongoing confidentiality obligations post-termination
3. Transition Plan: Details of handover process for any ongoing transactions or client relationships
1. Original Agency Agreement: Copy of the initial agreement being terminated
2. Property Handover Checklist: Detailed list of documents and items to be returned to the client
3. Commission Statement: Statement detailing any outstanding commissions or fees to be settled
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